NewEdge Advisors LLC Reduces Stock Holdings in Vanguard Total Bond Market ETF $BND

NewEdge Advisors LLC reduced its holdings in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 9.3% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 986,959 shares of the company’s stock after selling 101,109 shares during the period. NewEdge Advisors LLC’s holdings in Vanguard Total Bond Market ETF were worth $72,680,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in BND. Keel Point LLC increased its holdings in shares of Vanguard Total Bond Market ETF by 1.3% during the first quarter. Keel Point LLC now owns 81,191 shares of the company’s stock valued at $5,979,000 after acquiring an additional 1,015 shares in the last quarter. Krane Financial Solutions LLC purchased a new stake in Vanguard Total Bond Market ETF during the 1st quarter worth approximately $1,910,000. Tenret Co LLC increased its stake in Vanguard Total Bond Market ETF by 1.0% during the 1st quarter. Tenret Co LLC now owns 41,839 shares of the company’s stock valued at $3,081,000 after purchasing an additional 426 shares in the last quarter. Security Financial Services INC. increased its stake in Vanguard Total Bond Market ETF by 5.8% during the 1st quarter. Security Financial Services INC. now owns 41,110 shares of the company’s stock valued at $3,027,000 after purchasing an additional 2,264 shares in the last quarter. Finally, WNY Asset Management LLC purchased a new position in shares of Vanguard Total Bond Market ETF in the first quarter worth $460,000.

Vanguard Total Bond Market ETF Price Performance

Shares of BND opened at $72.25 on Friday. The company’s fifty day moving average price is $72.92 and its 200-day moving average price is $73.53. Vanguard Total Bond Market ETF has a 1-year low of $72.07 and a 1-year high of $75.23.

Vanguard Total Bond Market ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, August 5th. Shareholders of record on Monday, August 3rd were given a dividend of $0.2516 per share. The ex-dividend date of this dividend was Monday, August 3rd. This represents a c) dividend on an annualized basis and a yield of 4.2%. This is an increase from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.24.

Vanguard Total Bond Market ETF Profile

The Vanguard Total Bond Market ETF (BND) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a broad, market-value-weighted index of US dollar-denominated, investment-grade, taxable, fixed-income securities with maturities of at least one year. BND was launched on Apr 3, 2007 and is managed by Vanguard.