Petra Financial Advisors Inc. Sells 420 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

Petra Financial Advisors Inc. lowered its position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 3.8% in the fourth quarter, HoldingsChannel reports. The firm owned 10,680 shares of the company’s stock after selling 420 shares during the period. Petra Financial Advisors Inc.’s holdings in Vanguard Total Bond Market ETF were worth $786,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. AMI Investment Management Inc. increased its holdings in shares of Vanguard Total Bond Market ETF by 4.3% during the first quarter. AMI Investment Management Inc. now owns 28,536 shares of the company’s stock worth $2,270,000 after buying an additional 1,183 shares in the last quarter. Roundview Capital LLC grew its position in Vanguard Total Bond Market ETF by 4.3% during the 1st quarter. Roundview Capital LLC now owns 190,445 shares of the company’s stock worth $15,148,000 after acquiring an additional 7,851 shares during the last quarter. Cibc World Market Inc. grew its position in Vanguard Total Bond Market ETF by 123.9% during the 1st quarter. Cibc World Market Inc. now owns 21,764 shares of the company’s stock worth $1,731,000 after acquiring an additional 12,045 shares during the last quarter. Blair William & Co. IL increased its holdings in Vanguard Total Bond Market ETF by 37.4% during the 1st quarter. Blair William & Co. IL now owns 37,602 shares of the company’s stock valued at $2,991,000 after purchasing an additional 10,238 shares in the last quarter. Finally, Vanguard Group Inc. raised its position in Vanguard Total Bond Market ETF by 6.1% in the 1st quarter. Vanguard Group Inc. now owns 12,169,900 shares of the company’s stock valued at $967,993,000 after purchasing an additional 697,937 shares during the last quarter.

Vanguard Total Bond Market ETF Price Performance

Shares of BND stock traded up $0.01 during trading hours on Thursday, hitting $71.05. 10,694,004 shares of the company’s stock were exchanged, compared to its average volume of 7,944,758. Vanguard Total Bond Market ETF has a 52 week low of $67.99 and a 52 week high of $74.38. The stock’s 50-day moving average is $72.27 and its 200-day moving average is $71.56.

Vanguard Total Bond Market ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, April 4th. Shareholders of record on Tuesday, April 2nd were issued a dividend of $0.2163 per share. The ex-dividend date of this dividend was Monday, April 1st. This is a positive change from Vanguard Total Bond Market ETF’s previous dividend of $0.20.

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.