Allegiance Financial Group Advisory Services LLC Lowers Stock Position in Vanguard Total Bond Market ETF (NASDAQ:BND)

Allegiance Financial Group Advisory Services LLC trimmed its position in Vanguard Total Bond Market ETF (NASDAQ:BND) by 2.6% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 35,599 shares of the company’s stock after selling 969 shares during the period. Vanguard Total Bond Market ETF makes up approximately 0.8% of Allegiance Financial Group Advisory Services LLC’s portfolio, making the stock its 24th largest holding. Allegiance Financial Group Advisory Services LLC’s holdings in Vanguard Total Bond Market ETF were worth $2,560,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently made changes to their positions in the company. Quent Capital LLC acquired a new position in shares of Vanguard Total Bond Market ETF during the 4th quarter worth $25,000. Christopher J. Hasenberg Inc acquired a new stake in Vanguard Total Bond Market ETF in the fourth quarter valued at approximately $31,000. Golden State Wealth Management LLC acquired a new stake in shares of Vanguard Total Bond Market ETF during the fourth quarter worth approximately $34,000. Sound Income Strategies LLC lifted its stake in Vanguard Total Bond Market ETF by 44.1% during the fourth quarter. Sound Income Strategies LLC now owns 477 shares of the company’s stock worth $34,000 after purchasing an additional 146 shares during the last quarter. Finally, YANKCOM Partnership bought a new stake in Vanguard Total Bond Market ETF in the fourth quarter valued at $45,000.

Vanguard Total Bond Market ETF Trading Up 0.2 %

BND stock opened at $73.44 on Thursday. Vanguard Total Bond Market ETF has a 1 year low of $70.37 and a 1 year high of $75.67. The stock’s fifty day moving average is $72.13 and its two-hundred day moving average is $73.27.

Vanguard Total Bond Market ETF Increases Dividend

The company also recently announced a dividend, which was paid on Wednesday, February 5th. Investors of record on Monday, February 3rd were issued a dividend of $0.2348 per share. This is a positive change from Vanguard Total Bond Market ETF’s previous dividend of $0.23. The ex-dividend date was Monday, February 3rd.

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.