AdvisorNet Financial Inc Decreases Position in Vanguard Total Bond Market ETF $BND

AdvisorNet Financial Inc reduced its position in Vanguard Total Bond Market ETF (NASDAQ:BND) by 34.0% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 220,500 shares of the company’s stock after selling 113,384 shares during the period. AdvisorNet Financial Inc’s holdings in Vanguard Total Bond Market ETF were worth $16,238,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently made changes to their positions in the company. Morgan Stanley raised its stake in Vanguard Total Bond Market ETF by 15.0% in the 4th quarter. Morgan Stanley now owns 124,929,480 shares of the company’s stock valued at $9,253,527,000 after acquiring an additional 16,287,510 shares during the period. Creative Planning boosted its holdings in Vanguard Total Bond Market ETF by 8.7% in the 3rd quarter. Creative Planning now owns 124,942,968 shares of the company’s stock worth $9,292,008,000 after buying an additional 10,046,828 shares during the period. JPMorgan Chase & Co. boosted its holdings in Vanguard Total Bond Market ETF by 6.3% in the 4th quarter. JPMorgan Chase & Co. now owns 139,629,587 shares of the company’s stock worth $10,342,364,000 after buying an additional 8,283,073 shares during the period. Vanguard Group Inc. boosted its holdings in Vanguard Total Bond Market ETF by 9.7% in the 4th quarter. Vanguard Group Inc. now owns 78,903,250 shares of the company’s stock worth $5,844,363,000 after buying an additional 6,989,480 shares during the period. Finally, Valpey Financial Services LLC grew its stake in Vanguard Total Bond Market ETF by 7,708.3% in the 4th quarter. Valpey Financial Services LLC now owns 5,236,930 shares of the company’s stock valued at $387,899,000 after buying an additional 5,169,861 shares in the last quarter.

Vanguard Total Bond Market ETF Trading Down 0.3%

NASDAQ:BND opened at $73.14 on Tuesday. Vanguard Total Bond Market ETF has a 52-week low of $72.34 and a 52-week high of $75.23. The business’s fifty day moving average is $73.33 and its 200 day moving average is $73.86.

Vanguard Total Bond Market ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, June 3rd. Stockholders of record on Monday, June 1st were issued a dividend of $0.2473 per share. The ex-dividend date of this dividend was Monday, June 1st. This represents a c) annualized dividend and a dividend yield of 4.1%.

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.