Worth Asset Management LLC Cuts Stake in Vanguard Total Bond Market ETF (NASDAQ:BND)

Worth Asset Management LLC lessened its stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 30.0% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 37,722 shares of the company’s stock after selling 16,132 shares during the quarter. Vanguard Total Bond Market ETF comprises 2.1% of Worth Asset Management LLC’s investment portfolio, making the stock its 5th biggest holding. Worth Asset Management LLC’s holdings in Vanguard Total Bond Market ETF were worth $2,742,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently made changes to their positions in the company. Summit Wealth Group LLC bought a new position in Vanguard Total Bond Market ETF in the 1st quarter valued at about $421,000. Northwestern Mutual Wealth Management Co. lifted its position in Vanguard Total Bond Market ETF by 22.1% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 65,934,014 shares of the company’s stock valued at $4,736,733,000 after acquiring an additional 11,947,873 shares in the last quarter. Moneta Group Investment Advisors LLC lifted its position in Vanguard Total Bond Market ETF by 119,230.1% in the 4th quarter. Moneta Group Investment Advisors LLC now owns 10,572,648 shares of the company’s stock valued at $759,539,000 after acquiring an additional 10,563,788 shares in the last quarter. Morgan Stanley lifted its position in Vanguard Total Bond Market ETF by 12.3% in the 4th quarter. Morgan Stanley now owns 64,417,907 shares of the company’s stock valued at $4,627,783,000 after acquiring an additional 7,045,711 shares in the last quarter. Finally, JPMorgan Chase & Co. lifted its position in Vanguard Total Bond Market ETF by 7.9% in the 4th quarter. JPMorgan Chase & Co. now owns 94,508,035 shares of the company’s stock valued at $6,789,457,000 after acquiring an additional 6,935,497 shares in the last quarter.

Vanguard Total Bond Market ETF Stock Down 0.2 %

Shares of NASDAQ BND opened at $70.79 on Monday. Vanguard Total Bond Market ETF has a fifty-two week low of $69.09 and a fifty-two week high of $74.90. The firm’s 50-day simple moving average is $71.59 and its 200 day simple moving average is $72.62.

Vanguard Total Bond Market ETF Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, September 7th. Shareholders 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 boost from Vanguard Total Bond Market ETF’s previous dividend of $0.19.

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.