MainStreet Investment Advisors LLC Trims Stake in Vanguard Total Bond Market ETF (NASDAQ:BND)

MainStreet Investment Advisors LLC cut its holdings in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 6.2% in the second quarter, HoldingsChannel.com reports. The firm owned 53,552 shares of the company’s stock after selling 3,557 shares during the quarter. MainStreet Investment Advisors LLC’s holdings in Vanguard Total Bond Market ETF were worth $3,858,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of BND. Marquette Asset Management LLC purchased a new position in Vanguard Total Bond Market ETF in the 1st quarter valued at approximately $30,000. Lee Financial Co purchased a new position in Vanguard Total Bond Market ETF in the fourth quarter valued at $31,000. Anfield Capital Management LLC grew its stake in Vanguard Total Bond Market ETF by 4,650.0% during the 2nd quarter. Anfield Capital Management LLC now owns 475 shares of the company’s stock worth $34,000 after purchasing an additional 465 shares in the last quarter. CVA Family Office LLC increased its holdings 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 worth $35,000 after purchasing an additional 399 shares during the period. Finally, Ridgewood Investments LLC acquired a new stake in Vanguard Total Bond Market ETF in the 2nd quarter valued at about $38,000.

Vanguard Total Bond Market ETF Trading Up 0.1 %

Shares of Vanguard Total Bond Market ETF stock opened at $75.05 on Friday. The company has a 50 day moving average of $73.56 and a 200 day moving average of $72.44. Vanguard Total Bond Market ETF has a 52-week low of $67.99 and a 52-week high of $75.36.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, September 5th. Stockholders of record on Tuesday, September 3rd were issued a $0.2255 dividend. 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 Company 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.