Connecticut Wealth Management LLC Lowers Position in Vanguard Total Bond Market ETF (NASDAQ:BND)

Connecticut Wealth Management LLC cut its stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 0.7% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 119,821 shares of the company’s stock after selling 789 shares during the period. Connecticut Wealth Management LLC’s holdings in Vanguard Total Bond Market ETF were worth $8,633,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Morningstar Investment Services LLC lifted its position in shares of Vanguard Total Bond Market ETF by 90.1% in the fourth quarter. Morningstar Investment Services LLC now owns 17,898,072 shares of the company’s stock valued at $1,319,534,000 after acquiring an additional 8,482,025 shares in the last quarter. Arizona PSPRS Trust purchased a new position in shares of Vanguard Total Bond Market ETF in the second quarter valued at about $472,909,000. Vanguard Group Inc. lifted its position in shares of Vanguard Total Bond Market ETF by 20.1% in the first quarter. Vanguard Group Inc. now owns 37,326,573 shares of the company’s stock valued at $2,711,029,000 after acquiring an additional 6,253,040 shares in the last quarter. Texas Treasury Safekeeping Trust Co. lifted its position in shares of Vanguard Total Bond Market ETF by 789.9% in the fourth quarter. Texas Treasury Safekeeping Trust Co. now owns 6,896,640 shares of the company’s stock valued at $507,248,000 after acquiring an additional 6,121,670 shares in the last quarter. Finally, Creative Planning lifted its position in shares of Vanguard Total Bond Market ETF by 10.1% in the fourth quarter. Creative Planning now owns 61,103,613 shares of the company’s stock valued at $4,494,171,000 after acquiring an additional 5,594,165 shares in the last quarter.

Vanguard Total Bond Market ETF Stock Performance

Shares of Vanguard Total Bond Market ETF stock opened at $75.30 on Friday. Vanguard Total Bond Market ETF has a 52 week low of $67.99 and a 52 week high of $75.67. The stock’s 50-day simple moving average is $74.18 and its 200-day simple moving average is $72.67.

Vanguard Total Bond Market ETF Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, September 5th. Investors of record on Tuesday, September 3rd were given 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.

Vanguard Total Bond Market ETF Company 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.