Parallel Advisors LLC Cuts Stock Position in Vanguard Total Bond Market ETF (NASDAQ:BND)

Parallel Advisors LLC lowered its stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 10.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 65,328 shares of the company’s stock after selling 7,945 shares during the period. Parallel Advisors LLC’s holdings in Vanguard Total Bond Market ETF were worth $4,698,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of BND. Key Financial Inc increased its stake in Vanguard Total Bond Market ETF by 1.6% during the 4th quarter. Key Financial Inc now owns 8,669 shares of the company’s stock worth $623,000 after buying an additional 140 shares in the last quarter. VERITY Wealth Advisors increased its stake in Vanguard Total Bond Market ETF by 0.9% during the 4th quarter. VERITY Wealth Advisors now owns 15,762 shares of the company’s stock worth $1,133,000 after buying an additional 140 shares in the last quarter. Access Financial Services Inc. increased its stake in Vanguard Total Bond Market ETF by 1.9% during the 4th quarter. Access Financial Services Inc. now owns 7,696 shares of the company’s stock worth $553,000 after buying an additional 143 shares in the last quarter. Belmont Capital LLC increased its stake in Vanguard Total Bond Market ETF by 8.7% during the 3rd quarter. Belmont Capital LLC now owns 1,817 shares of the company’s stock worth $136,000 after buying an additional 145 shares in the last quarter. Finally, Sound Income Strategies LLC increased its stake in Vanguard Total Bond Market ETF by 44.1% during the 4th quarter. Sound Income Strategies LLC now owns 477 shares of the company’s stock worth $34,000 after buying an additional 146 shares in the last quarter.

Vanguard Total Bond Market ETF Stock Performance

BND stock opened at $73.05 on Tuesday. The business has a 50 day simple moving average of $72.46 and a 200-day simple moving average of $73.15. Vanguard Total Bond Market ETF has a 1 year low of $70.37 and a 1 year high of $75.67.

Vanguard Total Bond Market ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd were given a $0.2195 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

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.