Red Wave Investments LLC Has $1.78 Million Position in Vanguard Total Bond Market ETF (NASDAQ:BND)

Red Wave Investments LLC cut its holdings in Vanguard Total Bond Market ETF (NASDAQ:BND) by 14.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 24,690 shares of the company’s stock after selling 4,047 shares during the period. Red Wave Investments LLC’s holdings in Vanguard Total Bond Market ETF were worth $1,775,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Greystone Financial Group LLC lifted its position in shares of Vanguard Total Bond Market ETF by 16.5% during the 4th quarter. Greystone Financial Group LLC now owns 36,673 shares of the company’s stock valued at $2,637,000 after acquiring an additional 5,193 shares during the period. Broadview Financial Management LLC increased its stake in Vanguard Total Bond Market ETF by 1.0% in the fourth quarter. Broadview Financial Management LLC now owns 148,378 shares of the company’s stock valued at $10,670,000 after purchasing an additional 1,459 shares in the last quarter. VisionPoint Advisory Group LLC increased its stake in Vanguard Total Bond Market ETF by 21.8% in the fourth quarter. VisionPoint Advisory Group LLC now owns 2,093 shares of the company’s stock valued at $151,000 after purchasing an additional 374 shares in the last quarter. Grove Street Fiduciary LLC acquired a new position in shares of Vanguard Total Bond Market ETF during the fourth quarter valued at about $3,364,000. Finally, Compass Capital Corp MA ADV acquired a new position in shares of Vanguard Total Bond Market ETF during the fourth quarter valued at about $1,307,000.

Vanguard Total Bond Market ETF Stock Performance

Shares of BND opened at $72.76 on Friday. Vanguard Total Bond Market ETF has a one year low of $70.37 and a one year high of $75.67. The stock has a 50-day moving average of $72.09 and a 200-day moving average of $73.29.

Vanguard Total Bond Market ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, February 5th. Shareholders of record on Monday, February 3rd were paid a $0.2348 dividend. The ex-dividend date was Monday, February 3rd. This is a boost from Vanguard Total Bond Market ETF’s previous 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.