Parr Mcknight Wealth Management Group LLC Lowers Position in Vanguard Total Bond Market ETF $BND

Parr Mcknight Wealth Management Group LLC trimmed its position in Vanguard Total Bond Market ETF (NASDAQ:BND) by 10.5% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 191,049 shares of the company’s stock after selling 22,433 shares during the quarter. Vanguard Total Bond Market ETF accounts for 1.8% of Parr Mcknight Wealth Management Group LLC’s portfolio, making the stock its 4th largest position. Parr Mcknight Wealth Management Group LLC’s holdings in Vanguard Total Bond Market ETF were worth $14,069,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Hilton Head Capital Partners LLC bought a new stake in Vanguard Total Bond Market ETF in the 4th quarter valued at $26,000. Wilkerson Advisory Group LLC bought a new position in shares of Vanguard Total Bond Market ETF during the 4th quarter worth about $26,000. CKW Financial Group bought a new position in shares of Vanguard Total Bond Market ETF during the 4th quarter worth about $28,000. Whittier Trust Co. of Nevada Inc. boosted its position in shares of Vanguard Total Bond Market ETF by 159.7% during the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 387 shares of the company’s stock valued at $28,000 after acquiring an additional 238 shares in the last quarter. Finally, Kelleher Financial Advisors acquired a new position in Vanguard Total Bond Market ETF in the third quarter worth about $32,000.

Vanguard Total Bond Market ETF Stock Performance

Shares of BND opened at $72.77 on Monday. Vanguard Total Bond Market ETF has a 12 month low of $72.34 and a 12 month high of $75.23. The company has a 50-day moving average price of $73.16 and a two-hundred day moving average price of $73.76.

Vanguard Total Bond Market ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Monday, July 6th. Stockholders of record on Wednesday, July 1st were issued a $0.2445 dividend. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.0%.

Vanguard Total Bond Market ETF Company 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.