Stonegate Investment Group LLC Trims Position in Vanguard Total Bond Market ETF (NASDAQ:BND)

Stonegate Investment Group LLC decreased its holdings in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 45.6% during the 4th quarter, Holdings Channel.com reports. The firm owned 4,305 shares of the company’s stock after selling 3,612 shares during the period. Stonegate Investment Group LLC’s holdings in Vanguard Total Bond Market ETF were worth $310,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Christopher J. Hasenberg Inc purchased a new stake in Vanguard Total Bond Market ETF in the 4th quarter valued at about $31,000. Sound Income Strategies LLC boosted its position in shares of Vanguard Total Bond Market ETF by 44.1% in the fourth quarter. Sound Income Strategies LLC now owns 477 shares of the company’s stock worth $34,000 after acquiring an additional 146 shares during the last quarter. Future Financial Wealth Managment LLC purchased a new stake in Vanguard Total Bond Market ETF in the third quarter valued at approximately $46,000. Northwest Investment Counselors LLC purchased a new stake in Vanguard Total Bond Market ETF in the third quarter valued at approximately $46,000. Finally, Strategic Investment Solutions Inc. IL acquired a new position in Vanguard Total Bond Market ETF during the second quarter worth approximately $46,000.

Vanguard Total Bond Market ETF Stock Down 0.1 %

NASDAQ:BND opened at $72.38 on Wednesday. Vanguard Total Bond Market ETF has a fifty-two week low of $70.37 and a fifty-two week high of $75.67. The firm’s 50 day moving average is $72.39 and its two-hundred day moving average is $73.39.

Vanguard Total Bond Market ETF Increases Dividend

The company also recently announced a dividend, which was paid on Friday, December 27th. Investors of record on Tuesday, December 24th were issued a $0.2334 dividend. The ex-dividend date of this dividend was Tuesday, December 24th. This is a boost from Vanguard Total Bond Market ETF’s previous dividend of $0.23.

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.