Petix & Botte Co Trims Stock Position in Vanguard Total Bond Market ETF $BND

Petix & Botte Co decreased its position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 5.8% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 163,301 shares of the company’s stock after selling 10,098 shares during the period. Vanguard Total Bond Market ETF makes up approximately 2.8% of Petix & Botte Co’s holdings, making the stock its 10th largest holding. Petix & Botte Co’s holdings in Vanguard Total Bond Market ETF were worth $12,145,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. increased its position in shares of 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 purchasing an additional 5,476,153 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Vanguard Total Bond Market ETF by 3.4% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 126,617,235 shares of the company’s stock valued at $9,416,524,000 after buying an additional 4,214,874 shares in the last quarter. Creative Planning lifted its position in Vanguard Total Bond Market ETF by 8.7% in the 3rd quarter. Creative Planning now owns 124,942,968 shares of the company’s stock worth $9,292,008,000 after buying an additional 10,046,828 shares during the last quarter. Vanguard Group Inc. lifted its position in Vanguard Total Bond Market ETF by 7.0% in the 3rd quarter. Vanguard Group Inc. now owns 71,913,770 shares of the company’s stock worth $5,348,226,000 after buying an additional 4,719,267 shares during the last quarter. Finally, Bank of America Corp DE boosted its stake in Vanguard Total Bond Market ETF by 25.7% in the third quarter. Bank of America Corp DE now owns 22,912,695 shares of the company’s stock worth $1,704,017,000 after buying an additional 4,686,304 shares in the last quarter.

Vanguard Total Bond Market ETF Trading Up 0.2%

Shares of NASDAQ BND opened at $73.98 on Wednesday. Vanguard Total Bond Market ETF has a one year low of $71.41 and a one year high of $75.23. The firm’s 50 day simple moving average is $74.36 and its two-hundred day simple moving average is $74.38.

Vanguard Total Bond Market ETF Cuts Dividend

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

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.