Financial Partners Group LLC Has $301,000 Stock Holdings in Vanguard Total Bond Market ETF (NASDAQ:BND)

Financial Partners Group LLC trimmed its stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 8.8% in the first quarter, Holdings Channel.com reports. The fund owned 4,097 shares of the company’s stock after selling 396 shares during the quarter. Financial Partners Group LLC’s holdings in Vanguard Total Bond Market ETF were worth $301,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Joel Adams & Associates Inc. bought a new position in shares of Vanguard Total Bond Market ETF in the 4th quarter worth about $1,459,000. Betterment LLC lifted its stake in Vanguard Total Bond Market ETF by 5.4% in the fourth quarter. Betterment LLC now owns 1,679,216 shares of the company’s stock valued at $120,752,000 after buying an additional 86,538 shares during the period. First Trust Advisors LP bought a new position in shares of Vanguard Total Bond Market ETF during the 4th quarter worth approximately $647,000. Victory Capital Management Inc. grew its position in shares of Vanguard Total Bond Market ETF by 37.2% during the 4th quarter. Victory Capital Management Inc. now owns 346,882 shares of the company’s stock worth $24,944,000 after buying an additional 94,112 shares during the period. Finally, Sherwood Financial Partners LLC acquired a new position in shares of Vanguard Total Bond Market ETF during the 4th quarter valued at $32,455,000.

Vanguard Total Bond Market ETF Price Performance

Shares of NASDAQ BND opened at $72.79 on Wednesday. The company’s fifty day simple moving average is $72.57 and its 200 day simple moving average is $72.60. Vanguard Total Bond Market ETF has a 12-month low of $71.10 and a 12-month high of $75.67.

Vanguard Total Bond Market ETF Increases Dividend

The company also recently announced a dividend, which was paid on Wednesday, June 4th. Stockholders of record on Monday, June 2nd were paid a $0.2403 dividend. The ex-dividend date was Monday, June 2nd. This is an increase from Vanguard Total Bond Market ETF’s previous dividend of $0.22.

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.