Strategic Financial Concepts LLC Sells 2,723 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

Strategic Financial Concepts LLC decreased its holdings in Vanguard Total Bond Market ETF (NASDAQ:BND) by 5.6% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 45,899 shares of the company’s stock after selling 2,723 shares during the period. Strategic Financial Concepts LLC’s holdings in Vanguard Total Bond Market ETF were worth $3,371,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently bought and sold shares of BND. JPMorgan Chase & Co. lifted its position in shares of Vanguard Total Bond Market ETF by 11.3% during the fourth quarter. JPMorgan Chase & Co. now owns 99,094,389 shares of the company’s stock valued at $7,125,878,000 after buying an additional 10,057,150 shares during the last quarter. Vanguard Group Inc. raised its stake in shares of 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 acquiring an additional 8,312,317 shares in the last quarter. Essential Planning LLC. lifted its position in Vanguard Total Bond Market ETF by 6,541.0% during the fourth quarter. Essential Planning LLC. now owns 45,844,512 shares of the company’s stock valued at $3,352,920,000 after acquiring an additional 45,154,186 shares during the last quarter. Wealthfront Advisers LLC boosted its stake in Vanguard Total Bond Market ETF by 2,218.3% in the fourth quarter. Wealthfront Advisers LLC now owns 29,325,200 shares of the company’s stock valued at $2,108,775,000 after acquiring an additional 28,060,256 shares in the last quarter. Finally, Wells Fargo & Company MN grew its holdings in Vanguard Total Bond Market ETF by 6.2% in the fourth quarter. Wells Fargo & Company MN now owns 23,618,391 shares of the company’s stock worth $1,698,399,000 after purchasing an additional 1,376,702 shares during the last quarter.

Vanguard Total Bond Market ETF Stock Down 0.1%

Shares of BND stock opened at $73.26 on Thursday. Vanguard Total Bond Market ETF has a 12-month low of $71.10 and a 12-month high of $75.67. The business’s fifty day simple moving average is $72.73 and its 200-day simple moving average is $72.59.

Vanguard Total Bond Market ETF Cuts Dividend

The firm also recently announced a monthly dividend, which will be paid on Thursday, July 3rd. Investors of record on Tuesday, July 1st will be given a dividend of $0.2353 per share. This represents a $2.82 annualized dividend and a yield of 3.85%. The ex-dividend date is Tuesday, July 1st.

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.