Vanguard Total Bond Market ETF (NASDAQ:BND) Shares Sold by Phillips Financial Management LLC

Phillips Financial Management LLC cut its position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 8.4% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 265,801 shares of the company’s stock after selling 24,347 shares during the quarter. Vanguard Total Bond Market ETF accounts for approximately 1.5% of Phillips Financial Management LLC’s holdings, making the stock its 19th largest position. Phillips Financial Management LLC’s holdings in Vanguard Total Bond Market ETF were worth $19,964,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the company. Anfield Capital Management LLC lifted its position in Vanguard Total Bond Market ETF by 4,650.0% during the second quarter. Anfield Capital Management LLC now owns 475 shares of the company’s stock worth $34,000 after buying an additional 465 shares during the period. CVA Family Office LLC increased its stake in shares of Vanguard Total Bond Market ETF by 443.3% during the 2nd quarter. CVA Family Office LLC now owns 489 shares of the company’s stock valued at $35,000 after acquiring an additional 399 shares during the last quarter. Ridgewood Investments LLC acquired a new position in shares of Vanguard Total Bond Market ETF during the 2nd quarter valued at about $38,000. Family Asset Management LLC purchased a new position in shares of Vanguard Total Bond Market ETF during the 2nd quarter worth about $40,000. Finally, American National Bank acquired a new stake in shares of Vanguard Total Bond Market ETF in the second quarter worth approximately $44,000.

Vanguard Total Bond Market ETF Stock Up 0.0 %

Shares of BND stock opened at $72.48 on Monday. Vanguard Total Bond Market ETF has a one year low of $70.37 and a one year high of $75.67. The company has a 50 day moving average price of $74.02 and a 200 day moving average price of $73.23.

Vanguard Total Bond Market ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, November 5th. Stockholders of record on Friday, November 1st were paid a dividend of $0.2276 per share. The ex-dividend date was Friday, November 1st. This is a boost from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.22. This represents a $2.73 annualized dividend and a dividend yield of 3.77%.

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.