Archer Investment Corp Sells 2,192 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

Archer Investment Corp cut its position in Vanguard Total Bond Market ETF (NASDAQ:BND) by 13.2% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 14,413 shares of the company’s stock after selling 2,192 shares during the quarter. Archer Investment Corp’s holdings in Vanguard Total Bond Market ETF were worth $1,038,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Morningstar Investment Services LLC grew its stake in Vanguard Total Bond Market ETF by 90.1% in the 4th quarter. Morningstar Investment Services LLC now owns 17,898,072 shares of the company’s stock valued at $1,319,534,000 after buying an additional 8,482,025 shares in the last quarter. Vanguard Group Inc. grew its position in shares of Vanguard Total Bond Market ETF by 20.1% in the first quarter. Vanguard Group Inc. now owns 37,326,573 shares of the company’s stock valued at $2,711,029,000 after purchasing an additional 6,253,040 shares in the last quarter. Texas Treasury Safekeeping Trust Co. raised its stake in shares of Vanguard Total Bond Market ETF by 789.9% during the 4th quarter. Texas Treasury Safekeeping Trust Co. now owns 6,896,640 shares of the company’s stock valued at $507,248,000 after purchasing an additional 6,121,670 shares during the period. Creative Planning raised its stake in shares of Vanguard Total Bond Market ETF by 10.1% during the 4th quarter. Creative Planning now owns 61,103,613 shares of the company’s stock valued at $4,494,171,000 after purchasing an additional 5,594,165 shares during the period. Finally, Cetera Investment Advisers lifted its holdings in Vanguard Total Bond Market ETF by 123.9% during the 1st quarter. Cetera Investment Advisers now owns 4,807,301 shares of the company’s stock worth $349,154,000 after purchasing an additional 2,660,678 shares in the last quarter.

Vanguard Total Bond Market ETF Stock Performance

Shares of NASDAQ BND opened at $74.45 on Wednesday. The business has a 50-day simple moving average of $73.39 and a two-hundred day simple moving average of $72.39. Vanguard Total Bond Market ETF has a 52 week low of $67.99 and a 52 week high of $74.85.

Vanguard Total Bond Market ETF Increases Dividend

The company also recently disclosed a dividend, which will be paid on Thursday, September 5th. Stockholders of record on Tuesday, September 3rd will be given a $0.2255 dividend. This is a positive change from Vanguard Total Bond Market ETF’s previous dividend of $0.22. The ex-dividend date is Tuesday, September 3rd.

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.