Financial & Tax Architects LLC Reduces Stock Position in Vanguard Total Bond Market ETF $BND

Financial & Tax Architects LLC lessened its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 90.0% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 8,317 shares of the company’s stock after selling 74,888 shares during the quarter. Financial & Tax Architects LLC’s holdings in Vanguard Total Bond Market ETF were worth $612,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. USAdvisors Wealth Management LLC grew its holdings in Vanguard Total Bond Market ETF by 2.3% in the 4th quarter. USAdvisors Wealth Management LLC now owns 6,384 shares of the company’s stock valued at $472,000 after buying an additional 141 shares in the last quarter. BCO Wealth Management LLC raised its holdings in shares of Vanguard Total Bond Market ETF by 0.3% during the 1st quarter. BCO Wealth Management LLC now owns 49,894 shares of the company’s stock worth $3,674,000 after acquiring an additional 143 shares during the period. Centurion Wealth Management LLC raised its holdings in shares of Vanguard Total Bond Market ETF by 0.9% during the 4th quarter. Centurion Wealth Management LLC now owns 15,880 shares of the company’s stock worth $1,176,000 after acquiring an additional 146 shares during the period. Novak & Powell Financial Services Inc. boosted its position in shares of Vanguard Total Bond Market ETF by 1.0% during the 4th quarter. Novak & Powell Financial Services Inc. now owns 14,360 shares of the company’s stock valued at $1,064,000 after acquiring an additional 149 shares during the last quarter. Finally, Cornerstone Management Inc. boosted its position in shares of Vanguard Total Bond Market ETF by 3.6% during the 4th quarter. Cornerstone Management Inc. now owns 4,374 shares of the company’s stock valued at $324,000 after acquiring an additional 152 shares during the last quarter.

Vanguard Total Bond Market ETF Price Performance

Shares of BND opened at $73.41 on Wednesday. Vanguard Total Bond Market ETF has a 12-month low of $72.34 and a 12-month high of $75.23. The firm has a 50-day moving average price of $73.29 and a 200 day moving average price of $73.83.

Vanguard Total Bond Market ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, June 3rd. Shareholders of record on Monday, June 1st were paid a dividend of $0.2473 per share. The ex-dividend date of this dividend was Monday, June 1st. This represents a c) dividend on an annualized basis and a yield of 4.0%.

Vanguard Total Bond Market ETF Company 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.