Vanguard Total Bond Market ETF (NASDAQ:BND) Shares Sold by Summit X LLC

Summit X LLC lowered its stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 30.0% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 45,738 shares of the company’s stock after selling 19,560 shares during the quarter. Summit X LLC’s holdings in Vanguard Total Bond Market ETF were worth $3,360,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Ameriflex Group Inc. acquired a new position in Vanguard Total Bond Market ETF in the 4th quarter valued at $27,000. Whittier Trust Co. of Nevada Inc. boosted its position in shares of Vanguard Total Bond Market ETF by 96.3% during the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 473 shares of the company’s stock worth $35,000 after purchasing an additional 232 shares in the last quarter. Park Square Financial Group LLC purchased a new stake in shares of Vanguard Total Bond Market ETF during the 4th quarter worth $37,000. Proathlete Wealth Management LLC purchased a new stake in shares of Vanguard Total Bond Market ETF during the 1st quarter worth $39,000. Finally, Olde Wealth Management LLC purchased a new stake in shares of Vanguard Total Bond Market ETF during the 1st quarter worth $39,000.

Vanguard Total Bond Market ETF Stock Performance

Shares of NASDAQ BND opened at $72.57 on Wednesday. Vanguard Total Bond Market ETF has a one year low of $71.10 and a one year high of $75.67. The company’s fifty day moving average is $72.70 and its two-hundred day moving average is $72.65.

Vanguard Total Bond Market ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, July 3rd. Investors of record on Tuesday, July 1st were given a $0.2353 dividend. The ex-dividend date was Tuesday, July 1st. This represents a $2.82 annualized dividend and a dividend yield of 3.89%.

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.