Mountain Pacific Investment Advisers LLC Reduces Stake in Vanguard Total Bond Market ETF $BND

Mountain Pacific Investment Advisers LLC lowered its stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 18.9% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 33,324 shares of the company’s stock after selling 7,756 shares during the period. Mountain Pacific Investment Advisers LLC’s holdings in Vanguard Total Bond Market ETF were worth $2,454,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Hilton Head Capital Partners LLC purchased a new position in Vanguard Total Bond Market ETF in the fourth quarter valued at approximately $26,000. Wilkerson Advisory Group LLC bought a new position in Vanguard Total Bond Market ETF during the fourth quarter valued at $26,000. CKW Financial Group purchased a new stake in Vanguard Total Bond Market ETF in the fourth quarter worth $28,000. Kelleher Financial Advisors purchased a new stake in Vanguard Total Bond Market ETF in the third quarter worth $32,000. Finally, FAS Wealth Partners Inc. raised its stake in shares of Vanguard Total Bond Market ETF by 1,064.1% in the fourth quarter. FAS Wealth Partners Inc. now owns 454 shares of the company’s stock valued at $34,000 after buying an additional 415 shares during the period.

Vanguard Total Bond Market ETF Stock Performance

Shares of BND opened at $73.34 on Monday. Vanguard Total Bond Market ETF has a 1 year low of $72.34 and a 1 year high of $75.23. The stock’s fifty day moving average price is $73.35 and its two-hundred day moving average price is $73.87.

Vanguard Total Bond Market ETF Cuts Dividend

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

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.