Massmutual Trust Co. FSB ADV Sells 1,591 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

Massmutual Trust Co. FSB ADV trimmed its holdings in Vanguard Total Bond Market ETF (NASDAQ:BND) by 2.9% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 52,688 shares of the company’s stock after selling 1,591 shares during the period. Massmutual Trust Co. FSB ADV’s holdings in Vanguard Total Bond Market ETF were worth $3,796,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. First Hawaiian Bank bought a new stake in shares of Vanguard Total Bond Market ETF during the 2nd quarter valued at about $228,000. Stairway Partners LLC lifted its holdings in shares of Vanguard Total Bond Market ETF by 3.9% during the 2nd quarter. Stairway Partners LLC now owns 1,525,709 shares of the company’s stock worth $109,927,000 after acquiring an additional 57,660 shares during the last quarter. Old Port Advisors grew its position in Vanguard Total Bond Market ETF by 20.0% in the first quarter. Old Port Advisors now owns 79,649 shares of the company’s stock worth $5,785,000 after acquiring an additional 13,251 shares in the last quarter. Breakwater Investment Management purchased a new stake in Vanguard Total Bond Market ETF during the first quarter valued at about $12,188,000. Finally, Mosaic Family Wealth Partners LLC raised its holdings in shares of Vanguard Total Bond Market ETF by 19.2% during the 1st quarter. Mosaic Family Wealth Partners LLC now owns 169,294 shares of the company’s stock valued at $12,296,000 after buying an additional 27,253 shares in the last quarter.

Vanguard Total Bond Market ETF Price Performance

BND traded down $0.07 on Monday, hitting $74.34. 8,345,207 shares of the company were exchanged, compared to its average volume of 6,896,549. Vanguard Total Bond Market ETF has a 12 month low of $67.99 and a 12 month high of $74.80. The firm has a fifty day simple moving average of $72.42 and a two-hundred day simple moving average of $72.13.

Vanguard Total Bond Market ETF Increases Dividend

The company also recently disclosed a monthly dividend, which will be paid on Monday, August 5th. Shareholders of record on Thursday, August 1st will be given a $0.2239 dividend. This is a boost from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.21. The ex-dividend date is Thursday, August 1st. This represents a $2.69 dividend on an annualized basis and a dividend yield of 3.61%.

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.