Washington Trust Bank Sells 13,290 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

Washington Trust Bank decreased its position in Vanguard Total Bond Market ETF (NASDAQ:BND) by 14.2% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 79,982 shares of the company’s stock after selling 13,290 shares during the quarter. Washington Trust Bank’s holdings in Vanguard Total Bond Market ETF were worth $6,007,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of the company. Manchester Capital Management LLC lifted its position in Vanguard Total Bond Market ETF by 39.0% in the first quarter. Manchester Capital Management LLC now owns 1,108 shares of the company’s stock valued at $80,000 after purchasing an additional 311 shares during the last quarter. Advisory Services Network LLC lifted its position in Vanguard Total Bond Market ETF by 18.6% in the first quarter. Advisory Services Network LLC now owns 44,800 shares of the company’s stock valued at $3,254,000 after purchasing an additional 7,035 shares during the last quarter. CFO4Life Group LLC lifted its position in Vanguard Total Bond Market ETF by 1.9% in the first quarter. CFO4Life Group LLC now owns 33,776 shares of the company’s stock valued at $2,453,000 after purchasing an additional 617 shares during the last quarter. Motive Wealth Advisors lifted its position in Vanguard Total Bond Market ETF by 41.4% in the first quarter. Motive Wealth Advisors now owns 90,491 shares of the company’s stock valued at $6,572,000 after purchasing an additional 26,503 shares during the last quarter. Finally, Marquette Asset Management LLC bought a new stake in Vanguard Total Bond Market ETF in the first quarter valued at approximately $30,000.

Vanguard Total Bond Market ETF Stock Performance

BND stock traded up $0.30 during midday trading on Thursday, hitting $72.71. The company had a trading volume of 213,108 shares, compared to its average volume of 6,514,982. Vanguard Total Bond Market ETF has a 52 week low of $69.36 and a 52 week high of $75.67. The stock’s 50 day moving average price is $74.29 and its 200 day moving average price is $73.12.

Vanguard Total Bond Market ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, November 5th. Shareholders of record on Friday, November 1st were given a $0.2276 dividend. The ex-dividend date of this dividend was Friday, November 1st. This represents a $2.73 annualized dividend and a yield of 3.76%. This is an increase from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.22.

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.