Saxony Capital Management LLC Reduces Position in Vanguard Total Bond Market ETF (NASDAQ:BND)

Saxony Capital Management LLC cut its position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 14.0% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 65,033 shares of the company’s stock after selling 10,545 shares during the quarter. Vanguard Total Bond Market ETF accounts for 4.1% of Saxony Capital Management LLC’s portfolio, making the stock its 2nd largest position. Saxony Capital Management LLC’s holdings in Vanguard Total Bond Market ETF were worth $4,677,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Christopher J. Hasenberg Inc acquired a new position in Vanguard Total Bond Market ETF in the fourth quarter worth approximately $31,000. Sound Income Strategies LLC increased its position in shares of Vanguard Total Bond Market ETF by 44.1% in the fourth quarter. Sound Income Strategies LLC now owns 477 shares of the company’s stock worth $34,000 after acquiring an additional 146 shares in the last quarter. Strategic Investment Solutions Inc. IL acquired a new stake in shares of Vanguard Total Bond Market ETF during the second quarter valued at approximately $46,000. Future Financial Wealth Managment LLC purchased a new stake in shares of Vanguard Total Bond Market ETF in the 3rd quarter valued at approximately $46,000. Finally, Northwest Investment Counselors LLC acquired a new position in Vanguard Total Bond Market ETF in the 3rd quarter worth approximately $46,000.

Vanguard Total Bond Market ETF Trading Up 0.1 %

NASDAQ BND opened at $72.44 on Friday. The firm’s 50 day moving average price is $72.37 and its two-hundred day moving average price is $73.37. Vanguard Total Bond Market ETF has a twelve month low of $70.37 and a twelve month high of $75.67.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, December 27th. Investors of record on Tuesday, December 24th were given a dividend of $0.2334 per share. This is a positive change from Vanguard Total Bond Market ETF’s previous dividend of $0.23. The ex-dividend date of this dividend was Tuesday, December 24th.

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.