Marotta Asset Management Sells 3,223 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

Marotta Asset Management reduced its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 11.9% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 23,816 shares of the company’s stock after selling 3,223 shares during the period. Marotta Asset Management’s holdings in Vanguard Total Bond Market ETF were worth $1,789,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Oppenheimer & Co. Inc. raised its holdings in Vanguard Total Bond Market ETF by 59.5% in the 4th quarter. Oppenheimer & Co. Inc. now owns 38,357 shares of the company’s stock worth $2,821,000 after acquiring an additional 14,302 shares during the last quarter. 1832 Asset Management L.P. increased its holdings in shares of Vanguard Total Bond Market ETF by 54.6% in the 4th quarter. 1832 Asset Management L.P. now owns 147,693 shares of the company’s stock worth $10,863,000 after purchasing an additional 52,183 shares in the last quarter. First National Bank of Omaha raised its stake in shares of Vanguard Total Bond Market ETF by 19.8% in the fourth quarter. First National Bank of Omaha now owns 27,057 shares of the company’s stock worth $1,990,000 after purchasing an additional 4,472 shares during the last quarter. Frank Rimerman Advisors LLC lifted its holdings in shares of Vanguard Total Bond Market ETF by 43.9% during the fourth quarter. Frank Rimerman Advisors LLC now owns 45,326 shares of the company’s stock valued at $3,334,000 after purchasing an additional 13,838 shares in the last quarter. Finally, Azimuth Capital Investment Management LLC boosted its position in shares of Vanguard Total Bond Market ETF by 37.8% during the fourth quarter. Azimuth Capital Investment Management LLC now owns 78,215 shares of the company’s stock valued at $5,753,000 after buying an additional 21,470 shares during the last quarter.

Vanguard Total Bond Market ETF Trading Down 0.4 %

NASDAQ BND opened at $74.64 on Friday. The stock has a 50-day moving average of $74.59 and a 200 day moving average of $72.83. Vanguard Total Bond Market ETF has a one year low of $67.99 and a one year high of $75.67.

Vanguard Total Bond Market ETF Increases Dividend

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