Balentine LLC Sells 7,146 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

Balentine LLC reduced its stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 7.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 95,352 shares of the company’s stock after selling 7,146 shares during the quarter. Vanguard Total Bond Market ETF makes up about 0.3% of Balentine LLC’s holdings, making the stock its 18th biggest holding. Balentine LLC’s holdings in Vanguard Total Bond Market ETF were worth $6,857,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in BND. Single Point Partners LLC bought a new position in shares of Vanguard Total Bond Market ETF in the 4th quarter worth approximately $1,860,000. Latitude Advisors LLC raised its holdings in Vanguard Total Bond Market ETF by 13.2% in the fourth quarter. Latitude Advisors LLC now owns 7,621 shares of the company’s stock worth $548,000 after purchasing an additional 891 shares in the last quarter. Sovran Advisors LLC purchased a new position in Vanguard Total Bond Market ETF during the fourth quarter valued at $849,000. Stonebridge Financial Group LLC purchased a new stake in shares of Vanguard Total Bond Market ETF in the 4th quarter worth about $82,000. Finally, Focus Financial Network Inc. increased its stake in shares of Vanguard Total Bond Market ETF by 7.3% in the 4th quarter. Focus Financial Network Inc. now owns 60,601 shares of the company’s stock worth $4,358,000 after acquiring an additional 4,133 shares in the last quarter.

Vanguard Total Bond Market ETF Stock Performance

Shares of BND opened at $72.36 on Tuesday. The firm’s 50-day simple moving average is $72.28 and its two-hundred day simple moving average is $73.36. Vanguard Total Bond Market ETF has a fifty-two week low of $70.37 and a fifty-two week high of $75.67.

Vanguard Total Bond Market ETF Increases Dividend

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

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.