Vanguard Total Bond Market ETF (NASDAQ:BND) Shares Sold by Peapack Gladstone Financial Corp

Peapack Gladstone Financial Corp lowered its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 4.0% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 174,177 shares of the company’s stock after selling 7,271 shares during the quarter. Peapack Gladstone Financial Corp’s holdings in Vanguard Total Bond Market ETF were worth $12,526,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. N.E.W. Advisory Services LLC grew its stake in shares of Vanguard Total Bond Market ETF by 36.7% in the fourth quarter. N.E.W. Advisory Services LLC now owns 366,039 shares of the company’s stock valued at $26,322,000 after buying an additional 98,201 shares in the last quarter. Joel Adams & Associates Inc. acquired a new position in Vanguard Total Bond Market ETF in the 4th quarter valued at about $1,459,000. Truist Financial Corp increased its stake in Vanguard Total Bond Market ETF by 115.3% during the fourth quarter. Truist Financial Corp now owns 2,230,934 shares of the company’s stock worth $160,426,000 after purchasing an additional 1,194,696 shares during the period. Global View Capital Management LLC acquired a new stake in shares of Vanguard Total Bond Market ETF during the fourth quarter worth about $1,577,000. Finally, Alliancebernstein L.P. boosted its stake in shares of Vanguard Total Bond Market ETF by 3.3% in the fourth quarter. Alliancebernstein L.P. now owns 842,804 shares of the company’s stock valued at $60,606,000 after purchasing an additional 27,024 shares during the period.

Vanguard Total Bond Market ETF Stock Performance

Shares of BND stock opened at $73.82 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 has a 50 day moving average price of $72.90 and a 200 day moving average price of $72.98.

Vanguard Total Bond Market ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, April 3rd. Stockholders of record on Tuesday, April 1st were given a dividend of $0.2404 per share. The ex-dividend date of this dividend was Tuesday, April 1st. This represents a $2.88 dividend on an annualized basis and a dividend yield of 3.91%. This is a positive change from Vanguard Total Bond Market ETF’s previous monthly 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.