Sfmg LLC Sells 418 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

Sfmg LLC lessened its holdings in Vanguard Total Bond Market ETF (NASDAQ:BND) by 3.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 10,548 shares of the company’s stock after selling 418 shares during the quarter. Sfmg LLC’s holdings in Vanguard Total Bond Market ETF were worth $776,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the business. Tyche Wealth Partners LLC bought a new stake in Vanguard Total Bond Market ETF during the fourth quarter worth $303,000. Wealth Alliance bought a new stake in Vanguard Total Bond Market ETF during the fourth quarter worth $251,000. Cookson Peirce & Co. Inc. bought a new stake in Vanguard Total Bond Market ETF during the fourth quarter worth $314,000. Investment Advisory Group LLC raised its position in Vanguard Total Bond Market ETF by 42.1% during the fourth quarter. Investment Advisory Group LLC now owns 13,915 shares of the company’s stock worth $1,023,000 after acquiring an additional 4,123 shares in the last quarter. Finally, SVB Wealth LLC raised its position in Vanguard Total Bond Market ETF by 75.7% during the fourth quarter. SVB Wealth LLC now owns 169,545 shares of the company’s stock worth $12,470,000 after acquiring an additional 73,075 shares in the last quarter.

Vanguard Total Bond Market ETF Stock Performance

NASDAQ BND traded up $0.26 on Wednesday, hitting $70.81. 2,975,957 shares of the stock were exchanged, compared to its average volume of 8,107,891. The business’s fifty day moving average is $72.10 and its 200 day moving average is $71.61. Vanguard Total Bond Market ETF has a 52 week low of $67.99 and a 52 week high of $74.38.

Vanguard Total Bond Market ETF Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, April 4th. Shareholders of record on Tuesday, April 2nd were given a dividend of $0.2163 per share. This is a positive change from Vanguard Total Bond Market ETF’s previous dividend of $0.20. The ex-dividend date was Monday, April 1st.

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.