Vanguard Total Bond Market ETF (NASDAQ:BND) Shares Sold by RiverFront Investment Group LLC

RiverFront Investment Group LLC lessened its holdings in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 0.3% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 2,281,875 shares of the company’s stock after selling 6,515 shares during the quarter. Vanguard Total Bond Market ETF accounts for 3.7% of RiverFront Investment Group LLC’s investment portfolio, making the stock its 5th biggest position. RiverFront Investment Group LLC’s holdings in Vanguard Total Bond Market ETF were worth $164,090,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the business. Quent Capital LLC purchased a new position in shares of Vanguard Total Bond Market ETF during the fourth quarter valued at $25,000. Christopher J. Hasenberg Inc bought a new stake in shares of Vanguard Total Bond Market ETF during the 4th quarter worth about $31,000. Golden State Wealth Management LLC acquired a new stake in shares of Vanguard Total Bond Market ETF in the fourth quarter worth $34,000. Sound Income Strategies LLC grew its position 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 during the last quarter. Finally, YANKCOM Partnership acquired a new position in shares of Vanguard Total Bond Market ETF during the fourth quarter worth approximately $45,000.

Vanguard Total Bond Market ETF Stock Performance

BND opened at $73.32 on Friday. The stock’s 50 day simple moving average is $72.75 and its 200-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 disclosed a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were paid a dividend of $0.2195 per share. The ex-dividend date was Monday, March 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.