First Heartland Consultants Inc. Decreases Stock Position in Vanguard Total Bond Market ETF (NASDAQ:BND)

First Heartland Consultants Inc. cut its position in Vanguard Total Bond Market ETF (NASDAQ:BND) by 53.8% during the third quarter, HoldingsChannel.com reports. The fund owned 64,361 shares of the company’s stock after selling 74,971 shares during the period. First Heartland Consultants Inc.’s holdings in Vanguard Total Bond Market ETF were worth $4,834,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in BND. Anfield Capital Management LLC grew its holdings in shares of Vanguard Total Bond Market ETF by 4,650.0% in the second quarter. Anfield Capital Management LLC now owns 475 shares of the company’s stock valued at $34,000 after purchasing an additional 465 shares during the period. CVA Family Office LLC grew its stake in shares of Vanguard Total Bond Market ETF by 443.3% in the second quarter. CVA Family Office LLC now owns 489 shares of the company’s stock valued at $35,000 after buying an additional 399 shares in the last quarter. Ridgewood Investments LLC purchased a new position in Vanguard Total Bond Market ETF during the 2nd quarter valued at about $38,000. Family Asset Management LLC purchased a new stake in Vanguard Total Bond Market ETF during the second quarter worth about $40,000. Finally, American National Bank acquired a new stake in shares of Vanguard Total Bond Market ETF during the second quarter worth about $44,000.

Vanguard Total Bond Market ETF Stock Down 0.2 %

Shares of NASDAQ BND traded down $0.17 during mid-day trading on Tuesday, hitting $72.78. The company had a trading volume of 2,074,645 shares, compared to its average volume of 6,508,941. The business’s 50-day simple moving average is $74.21 and its 200 day simple moving average is $73.18. Vanguard Total Bond Market ETF has a 1-year low of $69.36 and a 1-year high of $75.67.

Vanguard Total Bond Market ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, November 5th. Investors of record on Friday, November 1st were paid a dividend of $0.2276 per share. This represents a $2.73 dividend on an annualized basis and a dividend yield of 3.75%. This is a positive change from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.22. The ex-dividend date of this dividend was Friday, November 1st.

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.