GeoWealth Management LLC Cuts Position in Vanguard Total Bond Market ETF (NASDAQ:BND)

GeoWealth Management LLC trimmed its position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 4.8% during the 4th quarter, Holdings Channel reports. The fund owned 17,572 shares of the company’s stock after selling 895 shares during the period. GeoWealth Management LLC’s holdings in Vanguard Total Bond Market ETF were worth $1,264,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of BND. N.E.W. Advisory Services LLC raised its stake in Vanguard Total Bond Market ETF by 36.7% during the fourth quarter. N.E.W. Advisory Services LLC now owns 366,039 shares of the company’s stock valued at $26,322,000 after purchasing an additional 98,201 shares in the last quarter. Joel Adams & Associates Inc. bought a new stake in shares of Vanguard Total Bond Market ETF in the 4th quarter worth about $1,459,000. Truist Financial Corp raised its position in shares of Vanguard Total Bond Market ETF by 115.3% during the 4th quarter. Truist Financial Corp now owns 2,230,934 shares of the company’s stock valued at $160,426,000 after buying an additional 1,194,696 shares in the last quarter. Victory Capital Management Inc. lifted its holdings in shares of Vanguard Total Bond Market ETF by 37.2% in the 4th quarter. Victory Capital Management Inc. now owns 346,882 shares of the company’s stock valued at $24,944,000 after acquiring an additional 94,112 shares during the last quarter. Finally, Global View Capital Management LLC purchased a new position in Vanguard Total Bond Market ETF in the fourth quarter worth about $1,577,000.

Vanguard Total Bond Market ETF Price Performance

Shares of NASDAQ BND opened at $72.65 on Friday. Vanguard Total Bond Market ETF has a 1-year low of $70.37 and a 1-year high of $75.67. The business’s 50 day moving average is $72.94 and its two-hundred day moving average is $72.79.

Vanguard Total Bond Market ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, April 3rd. Investors of record on Tuesday, April 1st were issued a dividend of $0.2404 per share. This represents a $2.88 annualized dividend and a yield of 3.97%. The ex-dividend date of this dividend was Tuesday, April 1st. This is a positive change from Vanguard Total Bond Market ETF’s previous monthly 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.