Balentine LLC Cuts Stock Holdings in Vanguard Total Bond Market ETF (NASDAQ:BND)

Balentine LLC cut its holdings in Vanguard Total Bond Market ETF (NASDAQ:BND) by 7.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 95,352 shares of the company’s stock after selling 7,146 shares during the quarter. Vanguard Total Bond Market ETF accounts for approximately 0.3% of Balentine LLC’s holdings, making the stock its 18th largest position. Balentine LLC’s holdings in Vanguard Total Bond Market ETF were worth $6,857,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the business. Christopher J. Hasenberg Inc bought a new stake in Vanguard Total Bond Market ETF in the 4th quarter worth approximately $31,000. Sound Income Strategies LLC grew its holdings in shares of Vanguard Total Bond Market ETF by 44.1% in the fourth quarter. Sound Income Strategies LLC now owns 477 shares of the company’s stock worth $34,000 after acquiring an additional 146 shares during the period. Golden State Wealth Management LLC purchased a new stake in Vanguard Total Bond Market ETF during the fourth quarter valued at $34,000. YANKCOM Partnership bought a new position in Vanguard Total Bond Market ETF in the fourth quarter valued at about $45,000. Finally, Northwest Investment Counselors LLC purchased a new position in Vanguard Total Bond Market ETF in the third quarter worth about $46,000.

Vanguard Total Bond Market ETF Stock Performance

Vanguard Total Bond Market ETF stock opened at $72.36 on Tuesday. Vanguard Total Bond Market ETF has a 52-week low of $70.37 and a 52-week high of $75.67. The business has a 50-day simple moving average of $72.28 and a two-hundred day simple moving average of $73.36.

Vanguard Total Bond Market ETF Increases Dividend

The company also recently declared a dividend, which was paid on Wednesday, February 5th. Investors of record on Monday, February 3rd were paid a dividend of $0.2348 per share. The ex-dividend date was Monday, February 3rd. This is a positive change from Vanguard Total Bond Market ETF’s previous dividend of $0.23.

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.