BTS Asset Management Inc. Sells 1,561 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

BTS Asset Management Inc. trimmed its position in Vanguard Total Bond Market ETF (NASDAQ:BND) by 19.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 6,495 shares of the company’s stock after selling 1,561 shares during the quarter. Vanguard Total Bond Market ETF accounts for approximately 0.5% of BTS Asset Management Inc.’s holdings, making the stock its 15th biggest holding. BTS Asset Management Inc.’s holdings in Vanguard Total Bond Market ETF were worth $488,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in BND. Marquette Asset Management LLC bought a new stake in shares of Vanguard Total Bond Market ETF in the 1st quarter worth approximately $30,000. Anfield Capital Management LLC boosted its holdings in Vanguard Total Bond Market ETF by 4,650.0% in the second quarter. Anfield Capital Management LLC now owns 475 shares of the company’s stock valued at $34,000 after acquiring an additional 465 shares in the last quarter. CVA Family Office LLC increased its position in Vanguard Total Bond Market ETF by 443.3% during the 2nd quarter. CVA Family Office LLC now owns 489 shares of the company’s stock valued at $35,000 after purchasing an additional 399 shares during the period. Ridgewood Investments LLC bought a new position in Vanguard Total Bond Market ETF in the 2nd quarter worth $38,000. Finally, Family Asset Management LLC purchased a new stake in shares of Vanguard Total Bond Market ETF in the 2nd quarter worth about $40,000.

Vanguard Total Bond Market ETF Stock Down 0.2 %

Shares of BND opened at $73.19 on Thursday. Vanguard Total Bond Market ETF has a 1-year low of $68.20 and a 1-year high of $75.67. The firm’s 50-day moving average price is $74.60 and its 200-day moving average price is $72.99.

Vanguard Total Bond Market ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, September 5th. Shareholders of record on Tuesday, September 3rd were given a dividend of $0.2255 per share. This is a boost from Vanguard Total Bond Market ETF’s previous dividend of $0.22. The ex-dividend date of this dividend was Tuesday, September 3rd.

Vanguard Total Bond Market ETF 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.