Vanguard Total Bond Market ETF (NASDAQ:BND) Stake Decreased by Norway Savings Bank

Norway Savings Bank decreased its position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 8.3% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,294 shares of the company’s stock after selling 660 shares during the period. Norway Savings Bank’s holdings in Vanguard Total Bond Market ETF were worth $530,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in BND. LaSalle St. Investment Advisors LLC purchased a new position in Vanguard Total Bond Market ETF during the 1st quarter worth approximately $836,000. Apexium Financial LP lifted its position in Vanguard Total Bond Market ETF by 17.4% during the 4th quarter. Apexium Financial LP now owns 49,243 shares of the company’s stock worth $3,538,000 after acquiring an additional 7,301 shares during the last quarter. Mission Wealth Management LP raised its position in shares of Vanguard Total Bond Market ETF by 5.1% during the first quarter. Mission Wealth Management LP now owns 867,602 shares of the company’s stock valued at $64,055,000 after buying an additional 41,708 shares during the last quarter. Liberty Wealth Management LLC acquired a new position in shares of Vanguard Total Bond Market ETF during the first quarter valued at about $1,089,000. Finally, Legacy Private Trust Co. raised its position in shares of Vanguard Total Bond Market ETF by 78.1% during the first quarter. Legacy Private Trust Co. now owns 610,723 shares of the company’s stock valued at $45,090,000 after buying an additional 267,805 shares during the last quarter.

Vanguard Total Bond Market ETF Stock Down 0.2 %

Shares of BND traded down $0.14 during trading hours on Friday, reaching $70.79. 4,946,165 shares of the company traded hands, compared to its average volume of 5,148,927. The stock’s fifty day moving average is $71.59 and its 200 day moving average is $72.63. Vanguard Total Bond Market ETF has a 1-year low of $69.09 and a 1-year high of $74.90.

Vanguard Total Bond Market ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, September 7th. Stockholders of record on Tuesday, September 5th were given a dividend of $0.1957 per share. The ex-dividend date of this dividend was Friday, September 1st. This is a positive change from Vanguard Total Bond Market ETF’s previous dividend of $0.19.

About Vanguard Total Bond Market ETF

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.