Mercer Global Advisors Inc. ADV Sells 13,850 Shares of Vanguard Total Bond Market ETF $BND

Mercer Global Advisors Inc. ADV decreased its stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 1.2% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 1,106,901 shares of the company’s stock after selling 13,850 shares during the period. Mercer Global Advisors Inc. ADV’s holdings in Vanguard Total Bond Market ETF were worth $82,320,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Charis Legacy Partners LLC increased its stake in shares of Vanguard Total Bond Market ETF by 20.9% in the 3rd quarter. Charis Legacy Partners LLC now owns 55,032 shares of the company’s stock valued at $4,093,000 after buying an additional 9,519 shares during the period. HighTower Advisors LLC raised its position in shares of Vanguard Total Bond Market ETF by 6.1% during the third quarter. HighTower Advisors LLC now owns 3,990,437 shares of the company’s stock worth $296,769,000 after acquiring an additional 227,732 shares during the last quarter. Alesco Advisors LLC lifted its stake in shares of Vanguard Total Bond Market ETF by 14.9% during the third quarter. Alesco Advisors LLC now owns 2,265,590 shares of the company’s stock valued at $168,492,000 after acquiring an additional 294,238 shares during the period. Estate Counselors LLC lifted its stake in shares of Vanguard Total Bond Market ETF by 6.3% during the third quarter. Estate Counselors LLC now owns 195,070 shares of the company’s stock valued at $14,507,000 after acquiring an additional 11,590 shares during the period. Finally, D.A. Davidson & CO. boosted its holdings in Vanguard Total Bond Market ETF by 1.4% in the third quarter. D.A. Davidson & CO. now owns 502,981 shares of the company’s stock valued at $37,407,000 after acquiring an additional 6,843 shares during the last quarter.

Vanguard Total Bond Market ETF Trading Up 0.4%

Shares of BND stock opened at $73.83 on Tuesday. The stock has a 50-day moving average price of $74.36 and a 200 day moving average price of $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. Stockholders of record on Monday, March 2nd were paid a $0.2278 dividend. This represents a c) annualized dividend and a dividend yield of 3.7%. The ex-dividend date of this dividend 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.