Collaborative Wealth Managment Inc. Trims Stock Position in Vanguard Total Bond Market ETF (NASDAQ:BND)

Collaborative Wealth Managment Inc. cut its holdings in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 43.1% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 7,296 shares of the company’s stock after selling 5,526 shares during the quarter. Collaborative Wealth Managment Inc.’s holdings in Vanguard Total Bond Market ETF were worth $525,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the business. Key Financial Inc lifted its position in Vanguard Total Bond Market ETF by 1.6% during the fourth quarter. Key Financial Inc now owns 8,669 shares of the company’s stock worth $623,000 after buying an additional 140 shares during the period. VERITY Wealth Advisors increased its stake in Vanguard Total Bond Market ETF by 0.9% during the fourth quarter. VERITY Wealth Advisors now owns 15,762 shares of the company’s stock worth $1,133,000 after acquiring an additional 140 shares during the last quarter. Access Financial Services Inc. increased its stake in Vanguard Total Bond Market ETF by 1.9% during the fourth quarter. Access Financial Services Inc. now owns 7,696 shares of the company’s stock worth $553,000 after acquiring an additional 143 shares during the last quarter. Belmont Capital LLC increased its stake in Vanguard Total Bond Market ETF by 8.7% during the third quarter. Belmont Capital LLC now owns 1,817 shares of the company’s stock worth $136,000 after acquiring an additional 145 shares during the last quarter. Finally, Sound Income Strategies LLC increased its stake in Vanguard Total Bond Market ETF by 44.1% during 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 during the last quarter.

Vanguard Total Bond Market ETF Stock Performance

Shares of NASDAQ:BND opened at $72.95 on Friday. The business has a 50-day moving average of $72.43 and a two-hundred day moving average of $73.17. Vanguard Total Bond Market ETF has a 12 month low of $70.37 and a 12 month high of $75.67.

Vanguard Total Bond Market ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were paid 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.