Friedenthal Financial Lowers Stock Position in Vanguard Total Bond Market ETF $BND

Friedenthal Financial cut its stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 53.6% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 12,800 shares of the company’s stock after selling 14,812 shares during the quarter. Friedenthal Financial’s holdings in Vanguard Total Bond Market ETF were worth $943,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in BND. DiPaolo Financial Group Inc. bought a new position in Vanguard Total Bond Market ETF in the 4th quarter worth approximately $1,506,000. Bright Futures Wealth Management LLC. bought a new stake in shares of Vanguard Total Bond Market ETF during the third quarter valued at approximately $524,000. BlueStem Wealth Partners LLC raised its position in shares of Vanguard Total Bond Market ETF by 6.1% during the third quarter. BlueStem Wealth Partners LLC now owns 261,254 shares of the company’s stock valued at $19,429,000 after buying an additional 14,988 shares during the last quarter. Armstrong Advisory Group Inc. lifted its holdings in shares of Vanguard Total Bond Market ETF by 3.8% in the fourth quarter. Armstrong Advisory Group Inc. now owns 1,259,561 shares of the company’s stock worth $93,296,000 after buying an additional 46,340 shares in the last quarter. Finally, Five Pine Wealth Management lifted its holdings in shares of Vanguard Total Bond Market ETF by 5.0% in the fourth quarter. Five Pine Wealth Management now owns 310,491 shares of the company’s stock worth $22,998,000 after buying an additional 14,798 shares in the last quarter.

Vanguard Total Bond Market ETF Stock Performance

Shares of NASDAQ:BND opened at $73.56 on Thursday. The firm has a fifty day moving average price of $73.32 and a 200 day moving average price of $73.85. Vanguard Total Bond Market ETF has a fifty-two week low of $72.34 and a fifty-two week high of $75.23.

Vanguard Total Bond Market ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, June 3rd. Shareholders of record on Monday, June 1st were paid a $0.2473 dividend. The ex-dividend date was Monday, June 1st. This represents a c) annualized dividend and a yield of 4.0%.

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.