Saxony Capital Management LLC Sells 10,545 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

Saxony Capital Management LLC trimmed its position in Vanguard Total Bond Market ETF (NASDAQ:BND) by 14.0% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 65,033 shares of the company’s stock after selling 10,545 shares during the period. Vanguard Total Bond Market ETF accounts for about 4.1% of Saxony Capital Management LLC’s investment portfolio, making the stock its 2nd biggest holding. Saxony Capital Management LLC’s holdings in Vanguard Total Bond Market ETF were worth $4,677,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. AQR Capital Management LLC grew its position in shares of Vanguard Total Bond Market ETF by 244.9% in the 2nd quarter. AQR Capital Management LLC now owns 10,865 shares of the company’s stock worth $783,000 after acquiring an additional 7,715 shares in the last quarter. Advisory Alpha LLC raised its position in shares of Vanguard Total Bond Market ETF by 6.5% during the 2nd quarter. Advisory Alpha LLC now owns 3,684 shares of the company’s stock valued at $265,000 after acquiring an additional 226 shares in the last quarter. Strategic Investment Solutions Inc. IL bought a new position in Vanguard Total Bond Market ETF during the second quarter worth $46,000. Centaurus Financial Inc. boosted its holdings in Vanguard Total Bond Market ETF by 5.5% in the second quarter. Centaurus Financial Inc. now owns 23,005 shares of the company’s stock worth $1,658,000 after purchasing an additional 1,207 shares during the period. Finally, Passive Capital Management LLC. bought a new stake in Vanguard Total Bond Market ETF during the second quarter valued at $1,059,000.

Vanguard Total Bond Market ETF Stock Performance

Vanguard Total Bond Market ETF stock opened at $72.44 on Friday. Vanguard Total Bond Market ETF has a 1 year low of $70.37 and a 1 year high of $75.67. The firm’s 50-day moving average is $72.37 and its 200-day moving average is $73.37.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, December 27th. Shareholders of record on Tuesday, December 24th were issued a $0.2334 dividend. The ex-dividend date of this dividend was Tuesday, December 24th. This is a boost from Vanguard Total Bond Market ETF’s previous dividend of $0.23.

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.