Richardson Financial Services Inc. Sells 464 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

Richardson Financial Services Inc. trimmed its position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 5.2% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,431 shares of the company’s stock after selling 464 shares during the quarter. Richardson Financial Services Inc.’s holdings in Vanguard Total Bond Market ETF were worth $607,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in BND. Creative Planning boosted its stake in Vanguard Total Bond Market ETF by 10.1% in the 4th quarter. Creative Planning now owns 61,103,613 shares of the company’s stock worth $4,494,171,000 after purchasing an additional 5,594,165 shares during the period. Vanguard Group Inc. boosted its position in shares of Vanguard Total Bond Market ETF by 20.1% during the first quarter. Vanguard Group Inc. now owns 37,326,573 shares of the company’s stock worth $2,711,029,000 after buying an additional 6,253,040 shares during the period. Envestnet Asset Management Inc. grew its holdings in shares of Vanguard Total Bond Market ETF by 0.6% during the fourth quarter. Envestnet Asset Management Inc. now owns 18,752,172 shares of the company’s stock worth $1,379,222,000 after buying an additional 104,945 shares in the last quarter. Morningstar Investment Services LLC grew its holdings in shares of Vanguard Total Bond Market ETF by 90.1% during the fourth quarter. Morningstar Investment Services LLC now owns 17,898,072 shares of the company’s stock worth $1,319,534,000 after buying an additional 8,482,025 shares in the last quarter. Finally, Allworth Financial LP raised its position in Vanguard Total Bond Market ETF by 5.3% in the 1st quarter. Allworth Financial LP now owns 16,564,654 shares of the company’s stock valued at $1,203,091,000 after buying an additional 828,500 shares during the last quarter.

Vanguard Total Bond Market ETF Trading Down 0.3 %

NASDAQ BND opened at $75.31 on Thursday. Vanguard Total Bond Market ETF has a 12-month low of $67.99 and a 12-month high of $75.67. The firm’s 50 day moving average is $74.08 and its 200-day moving average is $72.63.

Vanguard Total Bond Market ETF Increases Dividend

The business 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 an increase from Vanguard Total Bond Market ETF’s previous dividend of $0.22. The ex-dividend date was Tuesday, September 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.