Vanguard Total Bond Market ETF $BND Shares Sold by Franklin Resources Inc.

Franklin Resources Inc. decreased its position in Vanguard Total Bond Market ETF (NASDAQ:BNDFree Report) by 3.4% during the third quarter, Holdings Channel reports. The firm owned 3,552,792 shares of the company’s stock after selling 126,618 shares during the quarter. Franklin Resources Inc.’s holdings in Vanguard Total Bond Market ETF were worth $264,221,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of BND. Orion Capital Management LLC acquired a new stake in shares of Vanguard Total Bond Market ETF in the third quarter valued at $32,000. Financial Gravity Companies Inc. purchased a new position in Vanguard Total Bond Market ETF during the 2nd quarter valued at about $34,000. Elevation Point Wealth Partners LLC acquired a new position in Vanguard Total Bond Market ETF in the 2nd quarter valued at about $44,000. Westfuller Advisors LLC purchased a new stake in Vanguard Total Bond Market ETF during the third quarter worth about $46,000. Finally, Highline Wealth Partners LLC lifted its position in shares of Vanguard Total Bond Market ETF by 31,250.0% during the third quarter. Highline Wealth Partners LLC now owns 627 shares of the company’s stock worth $47,000 after purchasing an additional 625 shares in the last quarter.

Vanguard Total Bond Market ETF Price Performance

NASDAQ BND opened at $73.62 on Friday. The firm has a 50 day simple moving average of $74.38 and a 200-day simple moving average of $74.37. Vanguard Total Bond Market ETF has a one year low of $71.41 and a one year high of $75.23.

Vanguard Total Bond Market ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were given a $0.2278 dividend. This represents a c) annualized dividend and a yield of 3.7%. The ex-dividend date of this dividend was Monday, March 2nd.

Vanguard Total Bond Market ETF Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Vanguard Total Bond Market ETF (NASDAQ:BND)

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