Patten Group Inc. Trims Position in Vanguard Total Bond Market ETF (NASDAQ:BND)

Patten Group Inc. trimmed its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 11.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 52,984 shares of the company’s stock after selling 7,124 shares during the period. Vanguard Total Bond Market ETF accounts for about 0.8% of Patten Group Inc.’s investment portfolio, making the stock its 21st biggest holding. Patten Group Inc.’s holdings in Vanguard Total Bond Market ETF were worth $3,810,000 as of its most recent filing with the Securities and Exchange Commission.

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

Vanguard Total Bond Market ETF Stock Down 0.1 %

Shares of NASDAQ BND opened at $73.61 on Tuesday. The company has a 50 day simple moving average of $72.21 and a two-hundred day simple moving average of $73.25. Vanguard Total Bond Market ETF has a fifty-two week low of $70.37 and a fifty-two week high of $75.67.

Vanguard Total Bond Market ETF Cuts Dividend

The company also recently declared a dividend, which will be paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd will be issued a dividend of $0.2195 per share. The ex-dividend date is 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.