Frank Rimerman Advisors LLC Sells 359 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

Frank Rimerman Advisors LLC trimmed its holdings in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 1.0% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 35,904 shares of the company’s stock after selling 359 shares during the period. Frank Rimerman Advisors LLC’s holdings in Vanguard Total Bond Market ETF were worth $2,582,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in BND. Quent Capital LLC bought a new position in shares of Vanguard Total Bond Market ETF during the 4th quarter worth about $25,000. Christopher J. Hasenberg Inc bought a new position in shares of Vanguard Total Bond Market ETF during the 4th quarter worth about $31,000. Sound Income Strategies LLC lifted its holdings in shares of Vanguard Total Bond Market ETF by 44.1% during the 4th 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 period. Golden State Wealth Management LLC bought a new position in shares of Vanguard Total Bond Market ETF during the 4th quarter worth about $34,000. Finally, YANKCOM Partnership bought a new position in shares of Vanguard Total Bond Market ETF during the 4th quarter worth about $45,000.

Vanguard Total Bond Market ETF Price Performance

Shares of BND stock opened at $72.95 on Friday. Vanguard Total Bond Market ETF has a 12-month low of $70.37 and a 12-month high of $75.67. The firm has a 50-day moving average price of $72.43 and a 200 day moving average price of $73.18.

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 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.