Friedenthal Financial Decreases Stake in Vanguard Total Bond Market ETF $BND

Friedenthal Financial cut its position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 53.6% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 12,800 shares of the company’s stock after selling 14,812 shares during the period. Friedenthal Financial’s holdings in Vanguard Total Bond Market ETF were worth $943,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. JPMorgan Chase & Co. raised its holdings in shares of Vanguard Total Bond Market ETF by 6.3% during the 4th quarter. JPMorgan Chase & Co. now owns 139,629,587 shares of the company’s stock worth $10,342,364,000 after acquiring an additional 8,283,073 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in shares of Vanguard Total Bond Market ETF by 3.4% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 130,902,798 shares of the company’s stock valued at $9,695,970,000 after acquiring an additional 4,285,563 shares during the last quarter. Creative Planning boosted its position in shares of Vanguard Total Bond Market ETF by 8.7% during the 3rd quarter. Creative Planning now owns 124,942,968 shares of the company’s stock valued at $9,292,008,000 after acquiring an additional 10,046,828 shares during the last quarter. Morgan Stanley grew its holdings in shares of Vanguard Total Bond Market ETF by 15.0% in the fourth quarter. Morgan Stanley now owns 124,929,480 shares of the company’s stock valued at $9,253,527,000 after purchasing an additional 16,287,510 shares in the last quarter. Finally, Vanguard Group Inc. grew its holdings in shares of Vanguard Total Bond Market ETF by 9.7% in the fourth quarter. Vanguard Group Inc. now owns 78,903,250 shares of the company’s stock valued at $5,844,363,000 after purchasing an additional 6,989,480 shares in the last quarter.

Vanguard Total Bond Market ETF Stock Performance

Shares of BND opened at $73.56 on Thursday. The company’s fifty day moving average is $73.32 and its 200 day moving average is $73.85. Vanguard Total Bond Market ETF has a fifty-two week low of $72.34 and a fifty-two week high of $75.23.

Vanguard Total Bond Market ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, June 3rd. Shareholders of record on Monday, June 1st were paid a $0.2473 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date of this dividend was Monday, June 1st.

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.