Connecticut Wealth Management LLC lessened its stake in Vanguard Total Bond Market ETF (NYSEARCA:BND) by 39.4% in the first quarter, HoldingsChannel reports. The institutional investor owned 2,546 shares of the company’s stock after selling 1,655 shares during the quarter. Connecticut Wealth Management LLC’s holdings in Vanguard Total Bond Market ETF were worth $207,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. QS Investors LLC boosted its stake in shares of Vanguard Total Bond Market ETF by 11.4% in the 4th quarter. QS Investors LLC now owns 13,413,969 shares of the company’s stock valued at $1,062,521,000 after purchasing an additional 1,367,873 shares in the last quarter. LPL Financial LLC boosted its stake in shares of Vanguard Total Bond Market ETF by 0.6% in the 4th quarter. LPL Financial LLC now owns 13,130,245 shares of the company’s stock valued at $1,040,047,000 after purchasing an additional 75,138 shares in the last quarter. Morgan Stanley boosted its stake in shares of Vanguard Total Bond Market ETF by 4.3% in the 3rd quarter. Morgan Stanley now owns 8,490,651 shares of the company’s stock valued at $668,215,000 after purchasing an additional 351,178 shares in the last quarter. Bank of America Corp DE boosted its stake in shares of Vanguard Total Bond Market ETF by 13.0% in the 4th quarter. Bank of America Corp DE now owns 5,663,266 shares of the company’s stock valued at $448,588,000 after purchasing an additional 652,528 shares in the last quarter. Finally, PNC Financial Services Group Inc. boosted its stake in shares of Vanguard Total Bond Market ETF by 24.8% in the 4th quarter. PNC Financial Services Group Inc. now owns 5,016,246 shares of the company’s stock valued at $397,338,000 after purchasing an additional 995,340 shares in the last quarter.

Shares of Vanguard Total Bond Market ETF stock traded up $0.13 during trading on Tuesday, reaching $80.63. The company’s stock had a trading volume of 2,086,180 shares, compared to its average volume of 2,631,631. Vanguard Total Bond Market ETF has a 52-week low of $77.46 and a 52-week high of $81.31.

The firm also recently disclosed a monthly dividend, which was paid on Thursday, April 4th. Stockholders of record on Tuesday, April 2nd were paid a $0.20 dividend. This is a boost from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.19. The ex-dividend date of this dividend was Monday, April 1st. This represents a $2.40 dividend on an annualized basis and a dividend yield of 2.98%.

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Vanguard Total Bond Market ETF Profile

Vanguard Total Bond Market ETF (the Fund) seeks to track the performance of a market-weighted bond index. The Fund employs a passive management or indexing investment approach designed to track the performance of the Barclays Capital U.S. Aggregate Bond Index (the Index). The Index measures a spectrum of public, investment-grade, taxable, fixed-income securities in the United States, including government, corporate and international dollar-denominated bonds, as well as mortgage-backed and asset-backed securities, all with maturities of more than one year.

Further Reading: What is a Lock-Up Period?

Want to see what other hedge funds are holding BND? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vanguard Total Bond Market ETF (NYSEARCA:BND).

Institutional Ownership by Quarter for Vanguard Total Bond Market ETF (NYSEARCA:BND)

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