Burney Co. Sells 515 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

Burney Co. lowered its position in Vanguard Total Bond Market ETF (NASDAQ:BND) by 4.7% in the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 10,489 shares of the company’s stock after selling 515 shares during the period. Burney Co.’s holdings in Vanguard Total Bond Market ETF were worth $762,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in BND. Atria Investments Inc boosted its position in shares of Vanguard Total Bond Market ETF by 25.3% in the 1st quarter. Atria Investments Inc now owns 213,658 shares of the company’s stock worth $15,518,000 after purchasing an additional 43,178 shares in the last quarter. LRI Investments LLC purchased a new position in Vanguard Total Bond Market ETF during the first quarter valued at $449,000. Independent Wealth Network Inc. boosted its holdings in Vanguard Total Bond Market ETF by 1.9% in the first quarter. Independent Wealth Network Inc. now owns 18,871 shares of the company’s stock worth $1,371,000 after acquiring an additional 353 shares in the last quarter. Strategic Wealth Partners Ltd. purchased a new stake in shares of Vanguard Total Bond Market ETF in the first quarter worth $1,214,000. Finally, Citizens Financial Group Inc. RI bought a new position in shares of Vanguard Total Bond Market ETF during the first quarter valued at $542,000.

Vanguard Total Bond Market ETF Stock Performance

Vanguard Total Bond Market ETF stock traded up $0.84 during mid-day trading on Friday, reaching $74.41. The stock had a trading volume of 6,476,348 shares, compared to its average volume of 6,886,658. Vanguard Total Bond Market ETF has a one year low of $67.99 and a one year high of $74.44. The company has a 50-day moving average price of $72.42 and a two-hundred day moving average price of $72.14.

Vanguard Total Bond Market ETF Increases Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, August 5th. Stockholders of record on Thursday, August 1st will be issued a dividend of $0.2239 per share. This is a boost from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.21. The ex-dividend date is Thursday, August 1st. This represents a $2.69 dividend on an annualized basis and a dividend yield of 3.61%.

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.