Fagan Associates Inc. Reduces Stake in Vanguard Total Bond Market ETF (NASDAQ:BND)

Fagan Associates Inc. reduced its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 7.4% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 28,119 shares of the company’s stock after selling 2,236 shares during the quarter. Fagan Associates Inc.’s holdings in Vanguard Total Bond Market ETF were worth $2,022,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Quent Capital LLC purchased a new stake in Vanguard Total Bond Market ETF in the 4th quarter valued at $25,000. Christopher J. Hasenberg Inc acquired a new position in shares of Vanguard Total Bond Market ETF in the 4th quarter valued at $31,000. Sound Income Strategies LLC lifted its stake in shares of Vanguard Total Bond Market ETF by 44.1% in the 4th quarter. Sound Income Strategies LLC now owns 477 shares of the company’s stock valued at $34,000 after purchasing an additional 146 shares during the last quarter. Golden State Wealth Management LLC acquired a new position in shares of Vanguard Total Bond Market ETF in the 4th quarter valued at $34,000. Finally, YANKCOM Partnership acquired a new position in shares of Vanguard Total Bond Market ETF in the 4th quarter valued at $45,000.

Vanguard Total Bond Market ETF Stock Down 0.4 %

Shares of Vanguard Total Bond Market ETF stock opened at $72.26 on Wednesday. Vanguard Total Bond Market ETF has a 52 week low of $70.37 and a 52 week high of $75.67. The business’s fifty day simple moving average is $72.11 and its 200-day simple moving average is $73.31.

Vanguard Total Bond Market ETF Increases Dividend

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

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.