Vanguard Total Bond Market ETF $BND is FPC Investment Advisory Inc.’s 10th Largest Position

FPC Investment Advisory Inc. cut its stake in Vanguard Total Bond Market ETF (NASDAQ:BNDFree Report) by 6.2% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 104,109 shares of the company’s stock after selling 6,900 shares during the period. Vanguard Total Bond Market ETF accounts for about 3.0% of FPC Investment Advisory Inc.’s portfolio, making the stock its 10th largest position. FPC Investment Advisory Inc.’s holdings in Vanguard Total Bond Market ETF were worth $7,689,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of BND. Hilton Head Capital Partners LLC purchased a new position in shares of Vanguard Total Bond Market ETF in the fourth quarter worth $26,000. Wilkerson Advisory Group LLC purchased a new stake in shares of Vanguard Total Bond Market ETF during the fourth quarter valued at $26,000. CKW Financial Group acquired a new position in shares of Vanguard Total Bond Market ETF in the 4th quarter valued at $28,000. Whittier Trust Co. of Nevada Inc. raised its stake in Vanguard Total Bond Market ETF by 159.7% in the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 387 shares of the company’s stock worth $28,000 after acquiring an additional 238 shares during the last quarter. Finally, Kelleher Financial Advisors purchased a new position in Vanguard Total Bond Market ETF in the 3rd quarter worth $32,000.

Vanguard Total Bond Market ETF Price Performance

Shares of BND opened at $72.77 on Monday. The stock has a 50-day moving average of $73.16 and a two-hundred day moving average of $73.76. Vanguard Total Bond Market ETF has a one year low of $72.34 and a one year high of $75.23.

Vanguard Total Bond Market ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, July 6th. Stockholders of record on Wednesday, July 1st were paid a $0.2445 dividend. This represents a c) annualized dividend and a dividend yield of 4.0%. The ex-dividend date was Wednesday, July 1st.

About Vanguard Total Bond Market ETF

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Vanguard Total Bond Market ETF (NASDAQ:BND)

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