Patriot Financial Group Insurance Agency LLC Has $2.80 Million Stock Position in Vanguard Total Bond Market ETF (NASDAQ:BND)

Patriot Financial Group Insurance Agency LLC reduced its stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 58.1% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 38,127 shares of the company’s stock after selling 52,772 shares during the period. Patriot Financial Group Insurance Agency LLC’s holdings in Vanguard Total Bond Market ETF were worth $2,800,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of BND. Quent Capital LLC acquired a new stake in Vanguard Total Bond Market ETF during the 4th quarter worth approximately $25,000. Ameriflex Group Inc. bought a new position in shares of Vanguard Total Bond Market ETF during the 4th quarter worth approximately $27,000. Golden State Wealth Management LLC bought a new position in shares of Vanguard Total Bond Market ETF during the 4th quarter worth approximately $34,000. Park Square Financial Group LLC bought a new position in shares of Vanguard Total Bond Market ETF during the 4th quarter worth approximately $37,000. Finally, Physician Wealth Advisors Inc. bought a new position in shares of Vanguard Total Bond Market ETF during the 4th quarter worth approximately $46,000.

Vanguard Total Bond Market ETF Stock Down 0.5%

Shares of BND opened at $72.21 on Friday. Vanguard Total Bond Market ETF has a twelve month low of $71.10 and a twelve month high of $75.67. The company has a 50 day moving average of $72.63 and a 200-day moving average of $72.62.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Wednesday, June 4th. Stockholders of record on Monday, June 2nd were paid a dividend of $0.2403 per share. This is a boost from Vanguard Total Bond Market ETF’s previous dividend of $0.22. The ex-dividend date of this dividend was Monday, June 2nd.

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.