Arrow Financial Corp Sells 3,189 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

Arrow Financial Corp decreased its position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 12.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 22,761 shares of the company’s stock after selling 3,189 shares during the period. Arrow Financial Corp’s holdings in Vanguard Total Bond Market ETF were worth $1,710,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Anfield Capital Management LLC raised its stake 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 purchasing an additional 465 shares in the last quarter. CVA Family Office LLC increased its stake in Vanguard Total Bond Market ETF by 443.3% in the second quarter. CVA Family Office LLC now owns 489 shares of the company’s stock valued at $35,000 after acquiring an additional 399 shares during the last quarter. Ridgewood Investments LLC acquired a new position in Vanguard Total Bond Market ETF during the second quarter valued at approximately $38,000. Family Asset Management LLC acquired a new stake in shares of Vanguard Total Bond Market ETF in the 2nd quarter valued at $40,000. Finally, American National Bank bought a new position in shares of Vanguard Total Bond Market ETF in the 2nd quarter valued at $44,000.

Vanguard Total Bond Market ETF Stock Performance

Shares of BND stock opened at $73.09 on Friday. The business has a fifty day simple moving average of $74.24 and a 200 day simple moving average of $73.14. Vanguard Total Bond Market ETF has a twelve month low of $69.36 and a twelve month high of $75.67.

Vanguard Total Bond Market ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, November 5th. Stockholders of record on Friday, November 1st were issued a $0.2276 dividend. The ex-dividend date of this dividend was Friday, November 1st. This represents a $2.73 dividend on an annualized basis and a dividend yield of 3.74%. This is a boost from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.22.

About Vanguard Total Bond Market ETF

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.