Focus Partners Wealth Sells 8,889 Shares of Vanguard Total Bond Market ETF $BND

Focus Partners Wealth lessened its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 0.9% during the 3rd quarter, Holdings Channel.com reports. The firm owned 986,372 shares of the company’s stock after selling 8,889 shares during the quarter. Focus Partners Wealth’s holdings in Vanguard Total Bond Market ETF were worth $73,356,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in BND. JPMorgan Chase & Co. boosted its holdings in shares of Vanguard Total Bond Market ETF by 4.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 131,346,514 shares of the company’s stock valued at $9,768,240,000 after buying an additional 5,476,153 shares in the last quarter. Creative Planning lifted its position in Vanguard Total Bond Market ETF by 8.7% during the third quarter. Creative Planning now owns 124,942,968 shares of the company’s stock valued at $9,292,008,000 after acquiring an additional 10,046,828 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in Vanguard Total Bond Market ETF by 2.9% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 122,402,361 shares of the company’s stock valued at $9,012,486,000 after acquiring an additional 3,485,369 shares in the last quarter. Vanguard Group Inc. boosted its stake in Vanguard Total Bond Market ETF by 7.0% in the third quarter. Vanguard Group Inc. now owns 71,913,770 shares of the company’s stock valued at $5,348,226,000 after acquiring an additional 4,719,267 shares in the last quarter. Finally, Bank of America Corp DE grew its holdings in Vanguard Total Bond Market ETF by 25.7% in the third quarter. Bank of America Corp DE now owns 22,912,695 shares of the company’s stock worth $1,704,017,000 after purchasing an additional 4,686,304 shares during the last quarter.

Vanguard Total Bond Market ETF Stock Up 0.4%

Shares of BND stock opened at $73.83 on Tuesday. The business’s fifty day simple moving average is $74.36 and its 200-day simple moving average is $74.38. Vanguard Total Bond Market ETF has a 12-month low of $71.41 and a 12-month high of $75.23.

Vanguard Total Bond Market ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were paid a dividend of $0.2278 per share. This represents a c) annualized dividend and a yield of 3.7%. The ex-dividend date was Monday, March 2nd.

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.