Private Trust Co. NA Has $1.61 Million Stock Position in Vanguard Total Bond Market ETF (NASDAQ:BND)

Private Trust Co. NA decreased its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 18.8% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 21,455 shares of the company’s stock after selling 4,978 shares during the period. Private Trust Co. NA’s holdings in Vanguard Total Bond Market ETF were worth $1,611,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in BND. Anfield Capital Management LLC boosted its position in Vanguard Total Bond Market ETF by 4,650.0% during the second quarter. Anfield Capital Management LLC now owns 475 shares of the company’s stock valued at $34,000 after acquiring an additional 465 shares during the last quarter. CVA Family Office LLC grew its stake in Vanguard Total Bond Market ETF by 443.3% during the second quarter. CVA Family Office LLC now owns 489 shares of the company’s stock worth $35,000 after purchasing an additional 399 shares during the period. Ridgewood Investments LLC bought a new stake in Vanguard Total Bond Market ETF in the second quarter worth approximately $38,000. Family Asset Management LLC bought a new stake in Vanguard Total Bond Market ETF in the second quarter worth approximately $40,000. Finally, American National Bank acquired a new position in Vanguard Total Bond Market ETF in the second quarter valued at approximately $44,000.

Vanguard Total Bond Market ETF Price Performance

Shares of NASDAQ BND opened at $73.26 on Tuesday. The company’s fifty day simple moving average is $73.70 and its 200 day simple moving average is $73.29. Vanguard Total Bond Market ETF has a 12-month low of $70.37 and a 12-month high of $75.67.

Vanguard Total Bond Market ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, November 5th. Shareholders of record on Friday, November 1st were issued a $0.2276 dividend. The ex-dividend date was Friday, November 1st. This represents a $2.73 annualized dividend and a yield of 3.73%. This is a positive change from Vanguard Total Bond Market ETF’s previous monthly 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.