Horizon Investment Services LLC Sells 1,940 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

Horizon Investment Services LLC lessened its holdings in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 12.2% in the fourth quarter, HoldingsChannel.com reports. The firm owned 13,982 shares of the company’s stock after selling 1,940 shares during the period. Horizon Investment Services LLC’s holdings in Vanguard Total Bond Market ETF were worth $1,005,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of BND. Quent Capital LLC acquired a new stake in shares of Vanguard Total Bond Market ETF in the 4th quarter worth about $25,000. Christopher J. Hasenberg Inc purchased a new stake in shares of Vanguard Total Bond Market ETF in the fourth quarter worth approximately $31,000. Sound Income Strategies LLC lifted its holdings in shares of Vanguard Total Bond Market ETF by 44.1% in the fourth quarter. Sound Income Strategies LLC now owns 477 shares of the company’s stock valued at $34,000 after purchasing an additional 146 shares in the last quarter. Golden State Wealth Management LLC purchased a new position in shares of Vanguard Total Bond Market ETF during the fourth quarter valued at approximately $34,000. Finally, YANKCOM Partnership bought a new stake in Vanguard Total Bond Market ETF during the fourth quarter worth $45,000.

Vanguard Total Bond Market ETF Stock Performance

Shares of NASDAQ:BND opened at $73.32 on Friday. The stock’s fifty day simple moving average is $72.75 and its two-hundred day simple moving average is $73.08. Vanguard Total Bond Market ETF has a 1-year low of $70.37 and a 1-year 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. 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.