Vanguard Total Bond Market ETF $BND Shares Sold by FPC Investment Advisory Inc.

FPC Investment Advisory Inc. trimmed its holdings in Vanguard Total Bond Market ETF (NASDAQ:BND) by 6.2% during the 1st quarter, Holdings Channel.com reports. The firm owned 104,109 shares of the company’s stock after selling 6,900 shares during the period. Vanguard Total Bond Market ETF accounts for 3.0% of FPC Investment Advisory Inc.’s holdings, making the stock its 10th biggest holding. FPC Investment Advisory Inc.’s holdings in Vanguard Total Bond Market ETF were worth $7,689,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. USAdvisors Wealth Management LLC lifted its holdings in shares of Vanguard Total Bond Market ETF by 2.3% in the 4th quarter. USAdvisors Wealth Management LLC now owns 6,384 shares of the company’s stock valued at $472,000 after buying an additional 141 shares during the period. BCO Wealth Management LLC boosted its stake in shares of Vanguard Total Bond Market ETF by 0.3% in the first quarter. BCO Wealth Management LLC now owns 49,894 shares of the company’s stock worth $3,674,000 after buying an additional 143 shares during the last quarter. Centurion Wealth Management LLC grew its holdings in Vanguard Total Bond Market ETF by 0.9% during the fourth quarter. Centurion Wealth Management LLC now owns 15,880 shares of the company’s stock worth $1,176,000 after acquiring an additional 146 shares during the period. Novak & Powell Financial Services Inc. grew its holdings in Vanguard Total Bond Market ETF by 1.0% during the fourth quarter. Novak & Powell Financial Services Inc. now owns 14,360 shares of the company’s stock worth $1,064,000 after acquiring an additional 149 shares during the period. Finally, Cornerstone Management Inc. raised its position in Vanguard Total Bond Market ETF by 3.6% during the fourth quarter. Cornerstone Management Inc. now owns 4,374 shares of the company’s stock valued at $324,000 after acquiring an additional 152 shares in the last quarter.

Vanguard Total Bond Market ETF Price Performance

Shares of NASDAQ: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 business has a 50 day moving average of $73.16 and a two-hundred day moving average of $73.76.

Vanguard Total Bond Market ETF Cuts Dividend

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