King Wealth Management Group Sells 287 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

King Wealth Management Group cut its holdings in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 4.0% during the 4th quarter, HoldingsChannel reports. The fund owned 6,969 shares of the company’s stock after selling 287 shares during the quarter. King Wealth Management Group’s holdings in Vanguard Total Bond Market ETF were worth $501,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in BND. Essential Planning LLC. grew its stake in shares of Vanguard Total Bond Market ETF by 6,541.0% during the fourth quarter. Essential Planning LLC. now owns 45,844,512 shares of the company’s stock valued at $3,352,920,000 after buying an additional 45,154,186 shares during the last quarter. Wealthfront Advisers LLC lifted its stake in shares of Vanguard Total Bond Market ETF by 2,218.3% in the 4th quarter. Wealthfront Advisers LLC now owns 29,325,200 shares of the company’s stock valued at $2,108,775,000 after acquiring an additional 28,060,256 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in Vanguard Total Bond Market ETF during the 4th quarter valued at about $439,341,000. JPMorgan Chase & Co. grew its position in Vanguard Total Bond Market ETF by 5.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 89,037,239 shares of the company’s stock worth $6,687,587,000 after acquiring an additional 4,687,550 shares during the last quarter. Finally, Franklin Resources Inc. increased its stake in Vanguard Total Bond Market ETF by 3,082.1% in the 3rd quarter. Franklin Resources Inc. now owns 3,430,390 shares of the company’s stock worth $253,060,000 after purchasing an additional 3,322,588 shares during the period.

Vanguard Total Bond Market ETF Trading Up 0.3 %

Shares of BND stock opened at $73.13 on Friday. Vanguard Total Bond Market ETF has a fifty-two week low of $70.37 and a fifty-two week high of $75.67. The stock has a 50 day moving average price of $72.41 and a two-hundred day moving average price of $73.19.

Vanguard Total Bond Market ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Wednesday, March 5th. Investors of record on Monday, March 3rd were issued a dividend of $0.2195 per share. The ex-dividend date of this dividend was Monday, March 3rd.

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.