Flagstar Advisors Inc. Lowers Position in Vanguard Total Bond Market ETF (NASDAQ:BND)

Flagstar Advisors Inc. trimmed its position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 2.5% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 31,623 shares of the company’s stock after selling 795 shares during the quarter. Flagstar Advisors Inc.’s holdings in Vanguard Total Bond Market ETF were worth $2,326,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Milestone Investment Advisors LLC increased its position in Vanguard Total Bond Market ETF by 505.3% during the first quarter. Milestone Investment Advisors LLC now owns 345 shares of the company’s stock worth $25,000 after buying an additional 288 shares during the period. Whittier Trust Co. of Nevada Inc. increased its position in Vanguard Total Bond Market ETF by 90.3% during the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 371 shares of the company’s stock worth $27,000 after buying an additional 176 shares during the period. VitalStone Financial LLC grew its stake in shares of Vanguard Total Bond Market ETF by 3,300.0% in the 3rd quarter. VitalStone Financial LLC now owns 408 shares of the company’s stock valued at $28,000 after purchasing an additional 396 shares during the last quarter. Steph & Co. purchased a new position in shares of Vanguard Total Bond Market ETF in the 3rd quarter valued at approximately $33,000. Finally, Turim 21 Investimentos Ltda. purchased a new position in shares of Vanguard Total Bond Market ETF in the 1st quarter valued at approximately $36,000.

Vanguard Total Bond Market ETF Trading Down 0.1 %

Shares of BND stock traded down $0.09 during midday trading on Friday, hitting $72.63. The company had a trading volume of 5,326,433 shares, compared to its average volume of 7,708,837. The company’s 50 day simple moving average is $72.45 and its 200 day simple moving average is $71.49. Vanguard Total Bond Market ETF has a 52-week low of $67.99 and a 52-week high of $74.90.

Vanguard Total Bond Market ETF Increases Dividend

The business also recently announced a dividend, which will be paid on Thursday, April 4th. Shareholders of record on Tuesday, April 2nd will be paid a $0.2163 dividend. This is an increase from Vanguard Total Bond Market ETF’s previous dividend of $0.20. The ex-dividend date is Monday, April 1st.

About Vanguard Total Bond Market ETF

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.