Seven Mile Advisory Lowers Position in Vanguard Total Bond Market ETF (NASDAQ:BND)

Seven Mile Advisory reduced its position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 15.6% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 17,581 shares of the company’s stock after selling 3,250 shares during the period. Vanguard Total Bond Market ETF makes up approximately 0.8% of Seven Mile Advisory’s portfolio, making the stock its 24th largest position. Seven Mile Advisory’s holdings in Vanguard Total Bond Market ETF were worth $1,264,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in BND. JPMorgan Chase & Co. increased its holdings in shares of Vanguard Total Bond Market ETF by 11.3% in the 4th quarter. JPMorgan Chase & Co. now owns 99,094,389 shares of the company’s stock valued at $7,125,878,000 after purchasing an additional 10,057,150 shares in the last quarter. Vanguard Group Inc. lifted its position in shares of Vanguard Total Bond Market ETF by 16.7% during the 4th quarter. Vanguard Group Inc. now owns 58,043,498 shares of the company’s stock valued at $4,173,907,000 after acquiring an additional 8,312,317 shares during the period. Essential Planning LLC. lifted its position in shares of Vanguard Total Bond Market ETF by 6,541.0% during the 4th quarter. Essential Planning LLC. now owns 45,844,512 shares of the company’s stock valued at $3,352,920,000 after acquiring an additional 45,154,186 shares during the period. Wealthfront Advisers LLC boosted its stake in shares of Vanguard Total Bond Market ETF by 2,218.3% during the 4th quarter. Wealthfront Advisers LLC now owns 29,325,200 shares of the company’s stock worth $2,108,775,000 after acquiring an additional 28,060,256 shares in the last quarter. Finally, Allworth Financial LP grew its holdings in shares of Vanguard Total Bond Market ETF by 9.4% in the 4th quarter. Allworth Financial LP now owns 19,321,863 shares of the company’s stock worth $1,391,367,000 after acquiring an additional 1,664,458 shares during the period.

Vanguard Total Bond Market ETF Stock Up 0.6 %

NASDAQ BND opened at $73.32 on Monday. The business has a 50 day moving average price of $72.75 and a 200 day moving average price of $73.04. 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. Stockholders of record on Monday, March 3rd were paid a dividend of $0.2195 per share. The ex-dividend date of this dividend 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.