First Horizon Advisors Inc. Sells 7,399 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

First Horizon Advisors Inc. reduced its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 13.2% in the 4th quarter, HoldingsChannel reports. The firm owned 48,538 shares of the company’s stock after selling 7,399 shares during the quarter. First Horizon Advisors Inc.’s holdings in Vanguard Total Bond Market ETF were worth $3,490,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Quent Capital LLC bought a new position in shares of Vanguard Total Bond Market ETF in the 4th quarter worth $25,000. Christopher J. Hasenberg Inc acquired a new position in Vanguard Total Bond Market ETF during the fourth quarter worth $31,000. Golden State Wealth Management LLC bought a new position in shares of Vanguard Total Bond Market ETF in the fourth quarter valued at $34,000. Sound Income Strategies LLC grew its holdings in shares of Vanguard Total Bond Market ETF by 44.1% during the fourth quarter. Sound Income Strategies LLC now owns 477 shares of the company’s stock valued at $34,000 after buying an additional 146 shares during the last quarter. Finally, YANKCOM Partnership acquired a new position in shares of Vanguard Total Bond Market ETF during the fourth quarter valued at about $45,000.

Vanguard Total Bond Market ETF Stock Performance

BND opened at $72.76 on Monday. Vanguard Total Bond Market ETF has a fifty-two week low of $70.37 and a fifty-two week high of $75.67. The company’s 50-day moving average is $72.09 and its 200 day moving average is $73.28.

Vanguard Total Bond Market ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, February 5th. Stockholders of record on Monday, February 3rd were paid a $0.2348 dividend. The ex-dividend date was Monday, February 3rd. This is an increase from Vanguard Total Bond Market ETF’s previous dividend of $0.23.

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.