Gray Wealth Management Inc. Cuts Holdings in Vanguard Total Bond Market ETF (NASDAQ:BND)

Gray Wealth Management Inc. decreased its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 2.8% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 30,852 shares of the company’s stock after selling 904 shares during the quarter. Gray Wealth Management Inc.’s holdings in Vanguard Total Bond Market ETF were worth $2,219,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. Key Financial Inc lifted its position in Vanguard Total Bond Market ETF by 1.6% in the 4th 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 last quarter. VERITY Wealth Advisors raised its stake in shares of 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 in the last quarter. Access Financial Services Inc. lifted its holdings in shares of Vanguard Total Bond Market ETF by 1.9% in the 4th 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 boosted its stake in shares of Vanguard Total Bond Market ETF by 8.7% in the 3rd quarter. Belmont Capital LLC now owns 1,817 shares of the company’s stock valued at $136,000 after purchasing an additional 145 shares in the last quarter. Finally, Sound Income Strategies LLC grew 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 valued at $34,000 after purchasing an additional 146 shares during the last quarter.

Vanguard Total Bond Market ETF Trading Down 0.2 %

Shares of NASDAQ:BND opened at $72.95 on Monday. The company’s fifty day moving average is $72.43 and its 200 day moving average is $73.16. Vanguard Total Bond Market ETF has a 52 week low of $70.37 and a 52 week high of $75.67.

Vanguard Total Bond Market ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd were issued a $0.2195 dividend. The ex-dividend date was Monday, March 3rd.

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.