Washington Trust Bank Sells 13,290 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

Washington Trust Bank lessened its holdings in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 14.2% in the third quarter, Holdings Channel.com reports. The fund owned 79,982 shares of the company’s stock after selling 13,290 shares during the period. Washington Trust Bank’s holdings in Vanguard Total Bond Market ETF were worth $6,007,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Simmons Bank raised its holdings in shares of Vanguard Total Bond Market ETF by 21.0% during the second quarter. Simmons Bank now owns 3,373 shares of the company’s stock valued at $243,000 after acquiring an additional 585 shares in the last quarter. Advisory Services Network LLC grew its stake in Vanguard Total Bond Market ETF by 18.6% in the first quarter. Advisory Services Network LLC now owns 44,800 shares of the company’s stock worth $3,254,000 after purchasing an additional 7,035 shares during the period. Consolidated Portfolio Review Corp grew its stake in Vanguard Total Bond Market ETF by 12.4% in the second quarter. Consolidated Portfolio Review Corp now owns 4,532 shares of the company’s stock worth $327,000 after purchasing an additional 499 shares during the period. LJI Wealth Management LLC grew its stake in Vanguard Total Bond Market ETF by 7.3% in the second quarter. LJI Wealth Management LLC now owns 4,576 shares of the company’s stock worth $330,000 after purchasing an additional 311 shares during the period. Finally, Jacobi Capital Management LLC grew its stake in Vanguard Total Bond Market ETF by 12.6% in the first quarter. Jacobi Capital Management LLC now owns 18,222 shares of the company’s stock worth $1,323,000 after purchasing an additional 2,039 shares during the period.

Vanguard Total Bond Market ETF Price Performance

BND stock traded up $0.30 during midday trading on Thursday, hitting $72.71. The stock had a trading volume of 213,108 shares, compared to its average volume of 6,514,982. The business has a 50-day moving average of $74.29 and a two-hundred day moving average of $73.12. Vanguard Total Bond Market ETF has a 52-week low of $69.36 and a 52-week high of $75.67.

Vanguard Total Bond Market ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, November 5th. Investors of record on Friday, November 1st were paid a $0.2276 dividend. This represents a $2.73 annualized dividend and a yield of 3.76%. This is a boost from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.22. The ex-dividend date of this dividend was Friday, November 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.