Allspring Global Investments Holdings LLC Sells 85,978 Shares of Vanguard Total Bond Market ETF $BND

Allspring Global Investments Holdings LLC lowered its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 23.9% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 274,461 shares of the company’s stock after selling 85,978 shares during the period. Allspring Global Investments Holdings LLC’s holdings in Vanguard Total Bond Market ETF were worth $20,211,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Independent Financial Group LLC bought a new stake in shares of Vanguard Total Bond Market ETF in the first quarter worth $22,556,000. Prosperity Consulting Group LLC lifted its holdings in Vanguard Total Bond Market ETF by 2.4% during the 1st quarter. Prosperity Consulting Group LLC now owns 56,711 shares of the company’s stock worth $4,176,000 after buying an additional 1,342 shares during the period. BCGM Wealth Management LLC grew its position in shares of Vanguard Total Bond Market ETF by 9.6% in the 1st quarter. BCGM Wealth Management LLC now owns 17,196 shares of the company’s stock valued at $1,266,000 after buying an additional 1,512 shares during the last quarter. Golden Bell Financial Planning LLC grew its position in shares of Vanguard Total Bond Market ETF by 5.6% in the 1st quarter. Golden Bell Financial Planning LLC now owns 312,305 shares of the company’s stock valued at $22,998,000 after buying an additional 16,700 shares during the last quarter. Finally, Mcmorgan & Co. LLC increased its stake in shares of Vanguard Total Bond Market ETF by 1.5% in the first quarter. Mcmorgan & Co. LLC now owns 1,995,233 shares of the company’s stock valued at $146,929,000 after buying an additional 28,856 shares during the period.

Vanguard Total Bond Market ETF Stock Performance

Shares of BND opened at $72.68 on Tuesday. Vanguard Total Bond Market ETF has a 1 year low of $72.34 and a 1 year high of $75.23. The business has a 50-day moving average of $73.08 and a 200-day moving average of $73.70.

Vanguard Total Bond Market ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Monday, July 6th. Shareholders of record on Wednesday, July 1st were given a dividend of $0.2445 per share. This represents a c) dividend on an annualized basis and a yield of 4.0%. The ex-dividend date of this dividend was Wednesday, July 1st.

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.