NorthCrest Asset Manangement LLC Sells 1,111 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

NorthCrest Asset Manangement LLC cut its position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 3.2% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 33,077 shares of the company’s stock after selling 1,111 shares during the quarter. NorthCrest Asset Manangement LLC’s holdings in Vanguard Total Bond Market ETF were worth $2,430,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in BND. Quent Capital LLC acquired a new stake in shares of Vanguard Total Bond Market ETF in the 4th quarter worth about $25,000. Ameriflex Group Inc. purchased a new stake in shares of Vanguard Total Bond Market ETF in the fourth quarter worth approximately $27,000. Park Square Financial Group LLC purchased a new stake in shares of Vanguard Total Bond Market ETF in the fourth quarter worth approximately $37,000. Physician Wealth Advisors Inc. bought a new position in shares of Vanguard Total Bond Market ETF in the fourth quarter valued at approximately $46,000. Finally, Mpwm Advisory Solutions LLC purchased a new position in shares of Vanguard Total Bond Market ETF during the fourth quarter valued at approximately $48,000.

Vanguard Total Bond Market ETF Stock Performance

Shares of NASDAQ:BND opened at $72.70 on Friday. The stock’s fifty day simple moving average is $72.56 and its two-hundred day simple moving average is $72.61. Vanguard Total Bond Market ETF has a 1-year low of $71.10 and a 1-year high of $75.67.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, June 4th. Shareholders of record on Monday, June 2nd were given a $0.2403 dividend. The ex-dividend date was Monday, June 2nd. This is a boost from Vanguard Total Bond Market ETF’s previous dividend of $0.22.

Vanguard Total Bond Market ETF Company 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.