Sumitomo Mitsui DS Asset Management Company Ltd Reduces Position in Vanguard Total Bond Market ETF (NASDAQ:BND)

Sumitomo Mitsui DS Asset Management Company Ltd lowered its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 23.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 587,399 shares of the company’s stock after selling 181,573 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd’s holdings in Vanguard Total Bond Market ETF were worth $42,240,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in BND. Christopher J. Hasenberg Inc purchased a new position in Vanguard Total Bond Market ETF during the 4th quarter worth approximately $31,000. Sound Income Strategies LLC raised its holdings in shares of 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 purchasing an additional 146 shares during the last quarter. Future Financial Wealth Managment LLC purchased a new position in shares of Vanguard Total Bond Market ETF during the third quarter worth $46,000. Northwest Investment Counselors LLC acquired a new position in Vanguard Total Bond Market ETF during the third quarter valued at $46,000. Finally, YANKCOM Partnership purchased a new stake in Vanguard Total Bond Market ETF in the fourth quarter valued at $45,000.

Vanguard Total Bond Market ETF Trading Down 0.1 %

NASDAQ BND opened at $72.56 on Friday. The stock has a 50-day simple moving average of $72.32 and a two-hundred day simple moving average of $73.36. Vanguard Total Bond Market ETF has a fifty-two week low of $70.37 and a fifty-two week high of $75.67.

Vanguard Total Bond Market ETF Increases Dividend

The business also recently declared a dividend, which was paid on Wednesday, February 5th. Investors of record on Monday, February 3rd were given a dividend of $0.2348 per share. This is a boost from Vanguard Total Bond Market ETF’s previous dividend of $0.23. The ex-dividend date was Monday, February 3rd.

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.