Pearl Planning LLC Cuts Stake in Vanguard Total Bond Market ETF $BND

Pearl Planning LLC lessened its stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 86.1% in the 1st quarter, Holdings Channel reports. The firm owned 27,663 shares of the company’s stock after selling 170,743 shares during the period. Vanguard Total Bond Market ETF accounts for 1.1% of Pearl Planning LLC’s investment portfolio, making the stock its 19th largest holding. Pearl Planning LLC’s holdings in Vanguard Total Bond Market ETF were worth $2,037,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Morgan Stanley raised its holdings in shares of Vanguard Total Bond Market ETF by 15.0% during the fourth quarter. Morgan Stanley now owns 124,929,480 shares of the company’s stock valued at $9,253,527,000 after acquiring an additional 16,287,510 shares during the last quarter. Creative Planning increased its position in shares of Vanguard Total Bond Market ETF by 8.7% during the third quarter. Creative Planning now owns 124,942,968 shares of the company’s stock worth $9,292,008,000 after purchasing an additional 10,046,828 shares in the last quarter. JPMorgan Chase & Co. raised its stake in Vanguard Total Bond Market ETF by 6.3% in the 4th quarter. JPMorgan Chase & Co. now owns 139,629,587 shares of the company’s stock valued at $10,342,364,000 after purchasing an additional 8,283,073 shares during the last quarter. Vanguard Group Inc. lifted its holdings in Vanguard Total Bond Market ETF by 9.7% in the 4th 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. Finally, Valpey Financial Services LLC lifted its holdings in Vanguard Total Bond Market ETF by 7,708.3% in the 4th quarter. Valpey Financial Services LLC now owns 5,236,930 shares of the company’s stock valued at $387,899,000 after purchasing an additional 5,169,861 shares in the last quarter.

Vanguard Total Bond Market ETF Price Performance

BND opened at $72.83 on Friday. The company’s 50 day simple moving average is $73.18 and its two-hundred day simple moving average is $73.77. 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 business also recently disclosed a monthly dividend, which was paid on Monday, July 6th. Investors of record on Wednesday, July 1st were given a dividend of $0.2445 per share. The ex-dividend date was Wednesday, July 1st. This represents a c) dividend on an annualized basis and a yield of 4.0%.

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.