Lazari Capital Management Inc. Sells 685 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

Lazari Capital Management Inc. trimmed its position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 6.1% during the third quarter, HoldingsChannel reports. The firm owned 10,467 shares of the company’s stock after selling 685 shares during the quarter. Lazari Capital Management Inc.’s holdings in Vanguard Total Bond Market ETF were worth $786,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Essex Financial Services Inc. raised its holdings in shares of Vanguard Total Bond Market ETF by 4.9% during the second quarter. Essex Financial Services Inc. now owns 3,009 shares of the company’s stock worth $217,000 after acquiring an additional 140 shares during the period. Cahaba Wealth Management Inc. raised its stake in shares of Vanguard Total Bond Market ETF by 0.8% in the 2nd quarter. Cahaba Wealth Management Inc. now owns 18,673 shares of the company’s stock valued at $1,345,000 after purchasing an additional 142 shares during the period. Hill Investment Group Partners LLC lifted its holdings 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 valued at $1,277,000 after purchasing an additional 144 shares in the last quarter. Towneley Capital Management Inc DE grew its holdings in shares of Vanguard Total Bond Market ETF by 4.7% during the third quarter. Towneley Capital Management Inc DE now owns 3,251 shares of the company’s stock worth $244,000 after buying an additional 145 shares in the last quarter. Finally, Family CFO Inc lifted its stake in Vanguard Total Bond Market ETF by 8.4% in the 1st quarter. Family CFO Inc now owns 1,943 shares of the company’s stock valued at $141,000 after acquiring an additional 151 shares in the last quarter.

Vanguard Total Bond Market ETF Price Performance

Shares of BND stock opened at $73.37 on Wednesday. Vanguard Total Bond Market ETF has a 12 month low of $67.99 and a 12 month high of $75.67. The company’s fifty day simple moving average is $74.63 and its 200-day simple moving average is $72.99.

Vanguard Total Bond Market ETF Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, September 5th. Shareholders 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.

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.