Sfmg LLC Sells 3,174 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

Sfmg LLC trimmed its position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 30.0% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,396 shares of the company’s stock after selling 3,174 shares during the quarter. Sfmg LLC’s holdings in Vanguard Total Bond Market ETF were worth $533,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. American Investment Services Inc. boosted its position in shares of Vanguard Total Bond Market ETF by 9.8% during the second quarter. American Investment Services Inc. now owns 11,638 shares of the company’s stock worth $839,000 after purchasing an additional 1,040 shares in the last quarter. Bank of Montreal Can boosted its position in shares of Vanguard Total Bond Market ETF by 0.6% during the second quarter. Bank of Montreal Can now owns 140,097 shares of the company’s stock worth $10,171,000 after purchasing an additional 781 shares in the last quarter. 1832 Asset Management L.P. boosted its position in shares of Vanguard Total Bond Market ETF by 4.9% during the second quarter. 1832 Asset Management L.P. now owns 121,821 shares of the company’s stock worth $8,777,000 after purchasing an additional 5,666 shares in the last quarter. TPG Advisors LLC bought a new position in shares of Vanguard Total Bond Market ETF during the second quarter worth $1,215,000. Finally, Chesapeake Wealth Management acquired a new stake in shares of Vanguard Total Bond Market ETF during the second quarter worth $381,000.

Vanguard Total Bond Market ETF Stock Performance

Shares of NASDAQ:BND opened at $75.34 on Wednesday. Vanguard Total Bond Market ETF has a 12 month low of $67.99 and a 12 month high of $75.67. The company’s fifty day simple moving average is $74.27 and its 200 day simple moving average is $72.71.

Vanguard Total Bond Market ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, September 5th. Investors of record on Tuesday, September 3rd were issued a dividend of $0.2255 per share. 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.