Orion Porfolio Solutions LLC Sells 30,030 Shares of Vanguard Total Bond Market ETF $BND

Orion Porfolio Solutions LLC cut its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 21.9% in the 3rd quarter, Holdings Channel.com reports. The firm owned 107,307 shares of the company’s stock after selling 30,030 shares during the quarter. Orion Porfolio Solutions LLC’s holdings in Vanguard Total Bond Market ETF were worth $7,980,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in BND. JPMorgan Chase & Co. grew its holdings in Vanguard Total Bond Market ETF by 4.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 131,346,514 shares of the company’s stock valued at $9,768,240,000 after buying an additional 5,476,153 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in shares of Vanguard Total Bond Market ETF by 2.9% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 122,402,361 shares of the company’s stock valued at $9,012,486,000 after acquiring an additional 3,485,369 shares during the period. Creative Planning grew its stake in Vanguard Total Bond Market ETF by 5.8% during the second quarter. Creative Planning now owns 114,896,140 shares of the company’s stock valued at $8,459,803,000 after acquiring an additional 6,332,554 shares in the last quarter. Vanguard Group Inc. increased its holdings in Vanguard Total Bond Market ETF by 7.0% during the 3rd quarter. Vanguard Group Inc. now owns 71,913,770 shares of the company’s stock worth $5,348,226,000 after acquiring an additional 4,719,267 shares during the period. Finally, Envestnet Asset Management Inc. increased its holdings in Vanguard Total Bond Market ETF by 3.3% during the 3rd quarter. Envestnet Asset Management Inc. now owns 21,594,592 shares of the company’s stock worth $1,605,990,000 after acquiring an additional 683,665 shares during the period.

Vanguard Total Bond Market ETF Stock Performance

Shares of NASDAQ BND opened at $74.24 on Friday. The stock’s 50-day simple moving average is $74.39 and its two-hundred day simple moving average is $74.35. Vanguard Total Bond Market ETF has a twelve month low of $71.41 and a twelve month high of $75.23.

Vanguard Total Bond Market ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd were issued a dividend of $0.2278 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date of this dividend was Monday, March 2nd.

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.