MMA Asset Management LLC Sells 64,507 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

MMA Asset Management LLC reduced its holdings in Vanguard Total Bond Market ETF (NASDAQ:BND) by 50.0% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 64,467 shares of the company’s stock after selling 64,507 shares during the period. Vanguard Total Bond Market ETF accounts for approximately 2.0% of MMA Asset Management LLC’s portfolio, making the stock its 14th largest position. MMA Asset Management LLC’s holdings in Vanguard Total Bond Market ETF were worth $4,636,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Quent Capital LLC bought a new position in Vanguard Total Bond Market ETF in the 4th quarter worth approximately $25,000. Christopher J. Hasenberg Inc bought a new position in Vanguard Total Bond Market ETF in the 4th quarter worth approximately $31,000. Sound Income Strategies LLC increased its position in Vanguard Total Bond Market ETF by 44.1% in the 4th quarter. Sound Income Strategies LLC now owns 477 shares of the company’s stock worth $34,000 after buying an additional 146 shares during the period. Golden State Wealth Management LLC bought a new position in Vanguard Total Bond Market ETF in the 4th quarter worth approximately $34,000. Finally, YANKCOM Partnership acquired a new stake in shares of Vanguard Total Bond Market ETF during the 4th quarter worth approximately $45,000.

Vanguard Total Bond Market ETF Price Performance

Shares of NASDAQ:BND opened at $73.66 on Friday. Vanguard Total Bond Market ETF has a 1-year low of $70.37 and a 1-year high of $75.67. The business’s 50 day moving average is $72.18 and its 200-day moving average is $73.26.

Vanguard Total Bond Market ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, February 5th. Stockholders of record on Monday, February 3rd were issued a dividend of $0.2348 per share. The ex-dividend date was Monday, February 3rd. This is a positive change from Vanguard Total Bond Market ETF’s previous dividend of $0.23.

Vanguard Total Bond Market ETF Company 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.