Vanguard Total Bond Market ETF (NASDAQ:BND) Shares Sold by Eight 31 Financial LLC

Eight 31 Financial LLC lowered its position in Vanguard Total Bond Market ETF (NASDAQ:BND) by 26.3% in the fourth quarter, HoldingsChannel reports. The fund owned 9,969 shares of the company’s stock after selling 3,559 shares during the quarter. Eight 31 Financial LLC’s holdings in Vanguard Total Bond Market ETF were worth $717,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Essential Planning LLC. raised its position in shares of Vanguard Total Bond Market ETF by 6,541.0% in the fourth quarter. Essential Planning LLC. now owns 45,844,512 shares of the company’s stock valued at $3,352,920,000 after buying an additional 45,154,186 shares during the last quarter. Wealthfront Advisers LLC boosted its position in shares of Vanguard Total Bond Market ETF by 2,218.3% during the fourth quarter. Wealthfront Advisers LLC now owns 29,325,200 shares of the company’s stock worth $2,108,775,000 after buying an additional 28,060,256 shares during the period. Sagespring Wealth Partners LLC acquired a new stake in shares of Vanguard Total Bond Market ETF during the fourth quarter worth about $1,234,246,000. JPMorgan Chase & Co. lifted its holdings in Vanguard Total Bond Market ETF by 11.3% during the 4th quarter. JPMorgan Chase & Co. now owns 99,094,389 shares of the company’s stock worth $7,125,878,000 after buying an additional 10,057,150 shares in the last quarter. Finally, Vanguard Group Inc. increased its holdings in Vanguard Total Bond Market ETF by 16.7% during the 4th quarter. Vanguard Group Inc. now owns 58,043,498 shares of the company’s stock worth $4,173,907,000 after purchasing an additional 8,312,317 shares during the period.

Vanguard Total Bond Market ETF Price Performance

Shares of NASDAQ:BND opened at $73.18 on Friday. The company’s 50 day moving average is $72.98 and its two-hundred day moving average is $72.75. Vanguard Total Bond Market ETF has a 52 week low of $70.50 and a 52 week high of $75.67.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, April 3rd. Stockholders of record on Tuesday, April 1st were given a dividend of $0.2404 per share. This represents a $2.88 annualized dividend and a dividend yield of 3.94%. The ex-dividend date of this dividend was Tuesday, April 1st. This is a positive change from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.23.

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.