Sequoia Financial Advisors LLC Sells 25,764 Shares of Vanguard Total Bond Market ETF $BND

Sequoia Financial Advisors LLC reduced its holdings in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 18.6% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 112,706 shares of the company’s stock after selling 25,764 shares during the period. Sequoia Financial Advisors LLC’s holdings in Vanguard Total Bond Market ETF were worth $8,300,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Brighton Jones LLC boosted its holdings in Vanguard Total Bond Market ETF by 99.6% during the 4th quarter. Brighton Jones LLC now owns 37,423 shares of the company’s stock valued at $2,691,000 after acquiring an additional 18,677 shares during the period. Revolve Wealth Partners LLC increased its position in shares of Vanguard Total Bond Market ETF by 19.1% during the fourth quarter. Revolve Wealth Partners LLC now owns 3,298 shares of the company’s stock valued at $237,000 after buying an additional 530 shares during the period. Amundi increased its position in shares of Vanguard Total Bond Market ETF by 54.6% during the second quarter. Amundi now owns 53,192 shares of the company’s stock valued at $3,897,000 after buying an additional 18,792 shares during the period. State Street Corp raised its stake in Vanguard Total Bond Market ETF by 10.8% in the second quarter. State Street Corp now owns 7,757,324 shares of the company’s stock worth $571,172,000 after buying an additional 759,261 shares in the last quarter. Finally, Main Street Financial Solutions LLC raised its stake in Vanguard Total Bond Market ETF by 122.0% in the second quarter. Main Street Financial Solutions LLC now owns 31,988 shares of the company’s stock worth $2,355,000 after buying an additional 17,576 shares in the last quarter.

Vanguard Total Bond Market ETF Stock Down 0.1%

Shares of BND stock traded down $0.06 during midday trading on Friday, reaching $72.77. 7,170,406 shares of the stock were exchanged, compared to its average volume of 8,976,262. Vanguard Total Bond Market ETF has a 1 year low of $72.34 and a 1 year high of $75.23. The company’s 50 day moving average is $73.16 and its two-hundred day moving average is $73.76.

Vanguard Total Bond Market ETF Cuts Dividend

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

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.