First Citizens Bank & Trust Co. Has $2.47 Million Stock Holdings in Vanguard Total Bond Market ETF $BND

First Citizens Bank & Trust Co. trimmed its stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 62.5% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 33,565 shares of the company’s stock after selling 56,027 shares during the period. First Citizens Bank & Trust Co.’s holdings in Vanguard Total Bond Market ETF were worth $2,472,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Hilton Head Capital Partners LLC purchased a new stake in Vanguard Total Bond Market ETF during the fourth quarter valued at about $26,000. Wilkerson Advisory Group LLC acquired a new position in shares of Vanguard Total Bond Market ETF in the fourth quarter worth about $26,000. CKW Financial Group purchased a new position in shares of Vanguard Total Bond Market ETF in the fourth quarter worth approximately $28,000. Whittier Trust Co. of Nevada Inc. increased its position in shares of Vanguard Total Bond Market ETF by 159.7% in the first quarter. Whittier Trust Co. of Nevada Inc. now owns 387 shares of the company’s stock worth $28,000 after acquiring an additional 238 shares in the last quarter. Finally, Kelleher Financial Advisors purchased a new position in shares of Vanguard Total Bond Market ETF in the third quarter worth approximately $32,000.

Vanguard Total Bond Market ETF Stock Performance

Shares of NASDAQ:BND opened at $72.40 on Thursday. Vanguard Total Bond Market ETF has a 52 week low of $72.34 and a 52 week high of $75.23. The firm has a 50 day simple moving average of $73.05 and a 200 day simple moving average of $73.68.

Vanguard Total Bond Market ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Monday, July 6th. Shareholders of record on Wednesday, July 1st were paid a dividend of $0.2445 per share. This represents a c) annualized dividend and a yield of 4.1%. The ex-dividend date of this dividend was Wednesday, July 1st.

Vanguard Total Bond Market ETF Company 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.