Vanguard Total Bond Market ETF $BND Stake Reduced by Global Endowment Management LP

Global Endowment Management LP trimmed its position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 3.0% during the 4th quarter, HoldingsChannel.com reports. The firm owned 1,879,532 shares of the company’s stock after selling 57,263 shares during the period. Vanguard Total Bond Market ETF makes up about 17.4% of Global Endowment Management LP’s holdings, making the stock its biggest holding. Global Endowment Management LP’s holdings in Vanguard Total Bond Market ETF were worth $139,217,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. Hilton Head Capital Partners LLC purchased a new stake in Vanguard Total Bond Market ETF during the 4th quarter valued at about $26,000. Wilkerson Advisory Group LLC purchased a new stake in Vanguard Total Bond Market ETF during the 4th quarter valued at about $26,000. CKW Financial Group purchased a new stake in Vanguard Total Bond Market ETF during the 4th quarter valued at about $28,000. Kelleher Financial Advisors purchased a new stake in Vanguard Total Bond Market ETF during the 3rd quarter valued at about $32,000. Finally, Steigerwald Gordon & Koch Inc. purchased a new stake in Vanguard Total Bond Market ETF during the 4th quarter valued at about $43,000.

Vanguard Total Bond Market ETF Price Performance

Shares of BND stock opened at $73.24 on Friday. Vanguard Total Bond Market ETF has a one year low of $72.34 and a one year high of $75.23. The company’s 50-day moving average is $73.37 and its 200 day moving average is $73.92.

Vanguard Total Bond Market ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, June 3rd. Investors of record on Monday, June 1st were given a dividend of $0.2473 per share. This represents a c) annualized dividend and a yield of 4.1%. The ex-dividend date of this dividend was Monday, June 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.