Pitti Group Wealth Management LLC Cuts Position in Vanguard Total Bond Market ETF (NASDAQ:BND)

Pitti Group Wealth Management LLC lowered its stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 4.6% during the second quarter, Holdings Channel reports. The institutional investor owned 3,580 shares of the company’s stock after selling 171 shares during the period. Pitti Group Wealth Management LLC’s holdings in Vanguard Total Bond Market ETF were worth $263,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Essex Financial Services Inc. raised its holdings in shares of Vanguard Total Bond Market ETF by 4.9% in the 2nd quarter. Essex Financial Services Inc. now owns 3,009 shares of the company’s stock worth $217,000 after purchasing an additional 140 shares during the period. Paulson Wealth Management Inc. lifted its position in Vanguard Total Bond Market ETF by 3.7% during the fourth quarter. Paulson Wealth Management Inc. now owns 3,990 shares of the company’s stock valued at $293,000 after buying an additional 141 shares in the last quarter. Cahaba Wealth Management Inc. grew its stake in Vanguard Total Bond Market ETF by 0.8% during the second quarter. Cahaba Wealth Management Inc. now owns 18,673 shares of the company’s stock worth $1,345,000 after buying an additional 142 shares during the period. Hill Investment Group Partners LLC increased its position in shares of Vanguard Total Bond Market ETF by 0.8% in the second quarter. Hill Investment Group Partners LLC now owns 17,571 shares of the company’s stock worth $1,277,000 after acquiring an additional 144 shares in the last quarter. Finally, Security Financial Services INC. raised its stake in shares of Vanguard Total Bond Market ETF by 0.4% in the 1st quarter. Security Financial Services INC. now owns 36,527 shares of the company’s stock valued at $2,653,000 after acquiring an additional 150 shares during the period.

Vanguard Total Bond Market ETF Stock Up 0.3 %

Shares of Vanguard Total Bond Market ETF stock opened at $75.64 on Tuesday. Vanguard Total Bond Market ETF has a twelve month low of $67.99 and a twelve month high of $75.67. The company has a fifty day moving average price of $73.96 and a 200 day moving average price of $72.59.

Vanguard Total Bond Market ETF Increases Dividend

The business also recently announced a dividend, which was paid on Thursday, September 5th. Stockholders of record on Tuesday, September 3rd were given a $0.2255 dividend. This is an increase from Vanguard Total Bond Market ETF’s previous dividend of $0.22. The ex-dividend date was Tuesday, September 3rd.

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.