Patron Partners LLC Decreases Position in Vanguard Total Bond Market ETF (NASDAQ:BND)

Patron Partners LLC cut its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 5.4% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,693 shares of the company’s stock after selling 440 shares during the period. Patron Partners LLC’s holdings in Vanguard Total Bond Market ETF were worth $554,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Essex Financial Services Inc. boosted its position in Vanguard Total Bond Market ETF by 4.9% during the 2nd quarter. Essex Financial Services Inc. now owns 3,009 shares of the company’s stock worth $217,000 after acquiring an additional 140 shares during the period. Paulson Wealth Management Inc. increased its stake in Vanguard Total Bond Market ETF by 3.7% during the fourth quarter. Paulson Wealth Management Inc. now owns 3,990 shares of the company’s stock valued at $293,000 after acquiring an additional 141 shares during the period. Cahaba Wealth Management Inc. raised its stake in shares of Vanguard Total Bond Market ETF by 0.8% in the second quarter. Cahaba Wealth Management Inc. now owns 18,673 shares of the company’s stock valued at $1,345,000 after purchasing an additional 142 shares in the last quarter. Hill Investment Group Partners LLC raised its position in Vanguard Total Bond Market ETF by 0.8% in the second quarter. Hill Investment Group Partners LLC now owns 17,571 shares of the company’s stock worth $1,277,000 after purchasing an additional 144 shares in the last quarter. Finally, Security Financial Services INC. boosted its stake in shares of Vanguard Total Bond Market ETF by 0.4% in the 1st quarter. Security Financial Services INC. now owns 36,527 shares of the company’s stock valued at $2,653,000 after purchasing an additional 150 shares in the last quarter.

Vanguard Total Bond Market ETF Stock Performance

Vanguard Total Bond Market ETF stock traded up $0.09 during trading hours on Friday, reaching $75.05. 22,536,011 shares of the company’s stock traded hands, compared to its average volume of 6,778,621. The firm’s 50 day moving average is $73.56 and its 200-day moving average is $72.44. Vanguard Total Bond Market ETF has a fifty-two week low of $67.99 and a fifty-two week high of $75.36.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, September 5th. Shareholders of record on Tuesday, September 3rd were paid 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 was Tuesday, September 3rd.

Vanguard Total Bond Market ETF 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.