Stephens Inc. AR Trims Stock Holdings in Vanguard Total Bond Market ETF $BND

Stephens Inc. AR lessened its holdings in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 68.2% in the first quarter, Holdings Channel.com reports. The firm owned 30,381 shares of the company’s stock after selling 65,157 shares during the period. Stephens Inc. AR’s holdings in Vanguard Total Bond Market ETF were worth $2,237,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. B.O.S.S. Retirement Advisors LLC increased its stake in shares of Vanguard Total Bond Market ETF by 7.6% in the first quarter. B.O.S.S. Retirement Advisors LLC now owns 75,481 shares of the company’s stock worth $5,558,000 after buying an additional 5,301 shares during the last quarter. Berger Financial Group Inc boosted its stake in Vanguard Total Bond Market ETF by 9.1% during the 1st quarter. Berger Financial Group Inc now owns 65,146 shares of the company’s stock valued at $4,797,000 after acquiring an additional 5,420 shares during the last quarter. Astoria Portfolio Advisors LLC. boosted its stake in Vanguard Total Bond Market ETF by 12.1% during the 1st quarter. Astoria Portfolio Advisors LLC. now owns 4,512 shares of the company’s stock valued at $333,000 after acquiring an additional 487 shares during the last quarter. Walkner Condon Financial Advisors LLC grew its holdings in Vanguard Total Bond Market ETF by 2.8% during the 1st quarter. Walkner Condon Financial Advisors LLC now owns 36,961 shares of the company’s stock worth $2,722,000 after acquiring an additional 1,012 shares in the last quarter. Finally, Bryant Woods Investment Advisors LLC increased its position in shares of Vanguard Total Bond Market ETF by 49.3% in the 1st quarter. Bryant Woods Investment Advisors LLC now owns 19,635 shares of the company’s stock worth $1,446,000 after purchasing an additional 6,480 shares during the last quarter.

Vanguard Total Bond Market ETF Stock Performance

Shares of Vanguard Total Bond Market ETF stock opened at $72.70 on Thursday. The firm’s 50-day simple moving average is $73.19 and its 200-day simple moving average is $73.78. Vanguard Total Bond Market ETF has a 1 year low of $72.34 and a 1 year high of $75.23.

Vanguard Total Bond Market ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, July 6th. Investors of record on Wednesday, July 1st were issued a $0.2445 dividend. This represents a c) annualized dividend and a yield of 4.0%. The ex-dividend date of this dividend was Wednesday, 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.