Hershey Financial Advisers LLC Decreases Holdings in Vanguard Total Bond Market ETF $BND

Hershey Financial Advisers LLC decreased its holdings in Vanguard Total Bond Market ETF (NASDAQ:BND) by 85.6% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 9,670 shares of the company’s stock after selling 57,609 shares during the period. Hershey Financial Advisers LLC’s holdings in Vanguard Total Bond Market ETF were worth $712,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in BND. USAdvisors Wealth Management LLC increased its position in shares of Vanguard Total Bond Market ETF by 2.3% during the 4th quarter. USAdvisors Wealth Management LLC now owns 6,384 shares of the company’s stock valued at $472,000 after purchasing an additional 141 shares during the last quarter. BCO Wealth Management LLC raised its stake in shares of Vanguard Total Bond Market ETF by 0.3% in the first quarter. BCO Wealth Management LLC now owns 49,894 shares of the company’s stock valued at $3,674,000 after acquiring an additional 143 shares during the period. Centurion Wealth Management LLC raised its stake in shares of Vanguard Total Bond Market ETF by 0.9% in the fourth quarter. Centurion Wealth Management LLC now owns 15,880 shares of the company’s stock valued at $1,176,000 after acquiring an additional 146 shares during the period. Novak & Powell Financial Services Inc. lifted its holdings in shares of Vanguard Total Bond Market ETF by 1.0% in the 4th quarter. Novak & Powell Financial Services Inc. now owns 14,360 shares of the company’s stock worth $1,064,000 after acquiring an additional 149 shares during the last quarter. Finally, Cornerstone Management Inc. lifted its holdings in shares of Vanguard Total Bond Market ETF by 3.6% in the 4th quarter. Cornerstone Management Inc. now owns 4,374 shares of the company’s stock worth $324,000 after acquiring an additional 152 shares during the last quarter.

Vanguard Total Bond Market ETF Stock Up 0.1%

BND stock opened at $72.86 on Friday. Vanguard Total Bond Market ETF has a 12 month low of $72.34 and a 12 month high of $75.23. The company has a 50-day moving average price of $73.09 and a 200 day moving average price of $73.72.

Vanguard Total Bond Market ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, July 6th. Shareholders of record on Wednesday, July 1st were given a dividend of $0.2445 per share. This represents a c) annualized dividend and a dividend yield of 4.0%. The ex-dividend date was Wednesday, July 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.