Bartlett & CO. Wealth Management LLC Trims Holdings in Vanguard Total Bond Market ETF (NASDAQ:BND)

Bartlett & CO. Wealth Management LLC lessened its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 9.0% in the fourth quarter, Holdings Channel reports. The institutional investor owned 53,181 shares of the company’s stock after selling 5,275 shares during the quarter. Bartlett & CO. Wealth Management LLC’s holdings in Vanguard Total Bond Market ETF were worth $3,824,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in BND. Investment Advisory Group LLC raised its stake in shares of Vanguard Total Bond Market ETF by 34.5% in the 4th quarter. Investment Advisory Group LLC now owns 24,870 shares of the company’s stock valued at $1,788,000 after purchasing an additional 6,373 shares in the last quarter. Dakota Wealth Management raised its stake in Vanguard Total Bond Market ETF by 28.7% during the fourth quarter. Dakota Wealth Management now owns 27,998 shares of the company’s stock valued at $2,013,000 after buying an additional 6,247 shares in the last quarter. Genesis Private Wealth LLC bought a new position in Vanguard Total Bond Market ETF during the 4th quarter worth approximately $707,000. Simon Quick Advisors LLC grew its position in shares of Vanguard Total Bond Market ETF by 17.2% in the 4th quarter. Simon Quick Advisors LLC now owns 23,696 shares of the company’s stock worth $1,704,000 after acquiring an additional 3,484 shares in the last quarter. Finally, Beaumont Financial Advisors LLC grew its position in shares of Vanguard Total Bond Market ETF by 1.0% in the 4th quarter. Beaumont Financial Advisors LLC now owns 25,291 shares of the company’s stock worth $1,819,000 after acquiring an additional 251 shares in the last quarter.

Vanguard Total Bond Market ETF Price Performance

BND stock opened at $71.90 on Friday. The stock’s 50 day simple moving average is $72.41 and its 200 day simple moving average is $73.39. 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 firm also recently declared a dividend, which was paid on Friday, December 27th. Stockholders of record on Tuesday, December 24th were given a $0.2334 dividend. This is an increase from Vanguard Total Bond Market ETF’s previous dividend of $0.23. The ex-dividend date was Tuesday, December 24th.

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.