FPC Investment Advisory Inc. Sells 3,445 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

FPC Investment Advisory Inc. cut its position in Vanguard Total Bond Market ETF (NASDAQ:BND) by 2.8% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 119,491 shares of the company’s stock after selling 3,445 shares during the period. Vanguard Total Bond Market ETF makes up 6.3% of FPC Investment Advisory Inc.’s holdings, making the stock its 6th largest position. FPC Investment Advisory Inc.’s holdings in Vanguard Total Bond Market ETF were worth $8,644,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of BND. International Assets Investment Management LLC grew its holdings in Vanguard Total Bond Market ETF by 5,824.7% during the third quarter. International Assets Investment Management LLC now owns 1,154,775 shares of the company’s stock worth $86,735,000 after acquiring an additional 1,135,284 shares during the period. Global Trust Asset Management LLC grew its holdings in Vanguard Total Bond Market ETF by 10,882.4% during the third quarter. Global Trust Asset Management LLC now owns 1,867 shares of the company’s stock worth $140,000 after acquiring an additional 1,850 shares during the period. Dakota Wealth Management grew its holdings in Vanguard Total Bond Market ETF by 9.5% during the third quarter. Dakota Wealth Management now owns 21,751 shares of the company’s stock worth $1,634,000 after acquiring an additional 1,888 shares during the period. Tenon Financial LLC grew its holdings in Vanguard Total Bond Market ETF by 7.3% during the third quarter. Tenon Financial LLC now owns 292,708 shares of the company’s stock worth $21,985,000 after acquiring an additional 19,837 shares during the period. Finally, Convergence Financial LLC acquired a new stake in Vanguard Total Bond Market ETF during the third quarter worth about $286,000.

Vanguard Total Bond Market ETF Trading Up 0.4 %

Shares of BND stock opened at $72.76 on Friday. The business’s 50 day moving average is $72.09 and its two-hundred day moving average is $73.28. Vanguard Total Bond Market ETF has a 12-month low of $70.37 and a 12-month high of $75.67.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Wednesday, February 5th. Shareholders of record on Monday, February 3rd were given a dividend of $0.2348 per share. The ex-dividend date of this dividend was Monday, February 3rd. This is an increase 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.