Fifth Third Securities Inc. Cuts Stock Position in Vanguard Total Bond Market ETF (NASDAQ:BND)

Fifth Third Securities Inc. cut its position in Vanguard Total Bond Market ETF (NASDAQ:BND) by 2.7% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 299,906 shares of the company’s stock after selling 8,265 shares during the quarter. Vanguard Total Bond Market ETF comprises 2.1% of Fifth Third Securities Inc.’s holdings, making the stock its 8th biggest position. Fifth Third Securities Inc.’s holdings in Vanguard Total Bond Market ETF were worth $22,526,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Marquette Asset Management LLC acquired a new position in Vanguard Total Bond Market ETF during the 1st quarter valued at about $30,000. Anfield Capital Management LLC increased its stake in Vanguard Total Bond Market ETF by 4,650.0% during the 2nd quarter. Anfield Capital Management LLC now owns 475 shares of the company’s stock valued at $34,000 after buying an additional 465 shares during the period. CVA Family Office LLC increased its stake in Vanguard Total Bond Market ETF by 443.3% during the 2nd quarter. CVA Family Office LLC now owns 489 shares of the company’s stock valued at $35,000 after buying an additional 399 shares during the period. Ridgewood Investments LLC acquired a new position in Vanguard Total Bond Market ETF during the 2nd quarter valued at about $38,000. Finally, Family Asset Management LLC acquired a new position in Vanguard Total Bond Market ETF during the 2nd quarter valued at about $40,000.

Vanguard Total Bond Market ETF Price Performance

Vanguard Total Bond Market ETF stock opened at $73.77 on Tuesday. The company’s 50-day moving average price is $74.64 and its two-hundred day moving average price is $72.91. Vanguard Total Bond Market ETF has a 52 week low of $67.99 and a 52 week high of $75.67.

Vanguard Total Bond Market ETF Increases Dividend

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

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.