Adirondack Trust Co. Sells 2,006 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

Adirondack Trust Co. trimmed its holdings in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 34.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,875 shares of the company’s stock after selling 2,006 shares during the period. Adirondack Trust Co.’s holdings in Vanguard Total Bond Market ETF were worth $279,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of BND. Thrivent Financial for Lutherans lifted its stake in shares of Vanguard Total Bond Market ETF by 16.0% in the 2nd quarter. Thrivent Financial for Lutherans now owns 278,115 shares of the company’s stock valued at $20,039,000 after purchasing an additional 38,436 shares during the period. 1832 Asset Management L.P. lifted its stake in Vanguard Total Bond Market ETF by 4.9% in the second quarter. 1832 Asset Management L.P. now owns 121,821 shares of the company’s stock valued at $8,777,000 after buying an additional 5,666 shares during the period. Bank of Montreal Can boosted its holdings in Vanguard Total Bond Market ETF by 0.6% during the second quarter. Bank of Montreal Can now owns 140,097 shares of the company’s stock worth $10,171,000 after buying an additional 781 shares during the last quarter. Insigneo Advisory Services LLC acquired a new position in shares of Vanguard Total Bond Market ETF during the 2nd quarter worth about $1,817,000. Finally, Wick Capital Partners LLC bought a new stake in shares of Vanguard Total Bond Market ETF in the 2nd quarter valued at about $283,000.

Vanguard Total Bond Market ETF Price Performance

Vanguard Total Bond Market ETF stock opened at $72.01 on Thursday. The company’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 fifty-two week low of $70.37 and a fifty-two week high of $75.67.

Vanguard Total Bond Market ETF Increases Dividend

The company also recently declared a dividend, which was paid on Friday, December 27th. Stockholders of record on Tuesday, December 24th were given a dividend of $0.2334 per share. This is a boost 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 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.