Vanguard Total Bond Market ETF $BND Stock Holdings Trimmed by Midwest Financial Network LLC

Midwest Financial Network LLC reduced its stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 14.6% during the 2nd quarter, HoldingsChannel reports. The firm owned 51,189 shares of the company’s stock after selling 8,778 shares during the quarter. Vanguard Total Bond Market ETF comprises 2.6% of Midwest Financial Network LLC’s investment portfolio, making the stock its 8th biggest position. Midwest Financial Network LLC’s holdings in Vanguard Total Bond Market ETF were worth $3,758,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the stock. USAdvisors Wealth Management LLC lifted its position in Vanguard Total Bond Market ETF by 2.3% during the fourth quarter. USAdvisors Wealth Management LLC now owns 6,384 shares of the company’s stock worth $472,000 after buying an additional 141 shares in the last quarter. BCO Wealth Management LLC boosted its stake in Vanguard Total Bond Market ETF by 0.3% during the first quarter. BCO Wealth Management LLC now owns 49,894 shares of the company’s stock worth $3,674,000 after buying an additional 143 shares during the last quarter. Novak & Powell Financial Services Inc. grew its holdings in Vanguard Total Bond Market ETF by 1.0% in the 4th quarter. Novak & Powell Financial Services Inc. now owns 14,360 shares of the company’s stock valued at $1,064,000 after buying an additional 149 shares in the last quarter. Value Investment Professionals LLC grew its holdings in Vanguard Total Bond Market ETF by 1.9% in the 2nd quarter. Value Investment Professionals LLC now owns 7,827 shares of the company’s stock valued at $575,000 after buying an additional 149 shares in the last quarter. Finally, Cornerstone Management Inc. increased its stake in shares of Vanguard Total Bond Market ETF by 3.6% in the 4th quarter. Cornerstone Management Inc. now owns 4,374 shares of the company’s stock worth $324,000 after acquiring an additional 152 shares during the last quarter.

Vanguard Total Bond Market ETF Stock Up 0.0%

Shares of BND opened at $72.46 on Thursday. Vanguard Total Bond Market ETF has a 52-week low of $72.07 and a 52-week high of $75.23. The stock has a fifty day simple moving average of $72.94 and a two-hundred day simple moving average of $73.55.

Vanguard Total Bond Market ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, August 5th. Investors of record on Monday, August 3rd were issued a $0.2516 dividend. This is an increase from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.24. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date of this dividend was Monday, August 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.