Stevens Capital Partners Sells 16,421 Shares of Vanguard Total Bond Market ETF $BND

Stevens Capital Partners lowered its stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 31.3% during the 1st quarter, HoldingsChannel reports. The fund owned 35,985 shares of the company’s stock after selling 16,421 shares during the period. Stevens Capital Partners’ holdings in Vanguard Total Bond Market ETF were worth $2,650,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently made changes to their positions in BND. Hilton Head Capital Partners LLC purchased a new position in shares of Vanguard Total Bond Market ETF in the fourth quarter valued at $26,000. Wilkerson Advisory Group LLC purchased a new stake in Vanguard Total Bond Market ETF during the 4th quarter worth about $26,000. CKW Financial Group purchased a new stake in Vanguard Total Bond Market ETF during the 4th quarter worth about $28,000. Kelleher Financial Advisors bought a new position in Vanguard Total Bond Market ETF in the 3rd quarter worth about $32,000. Finally, FAS Wealth Partners Inc. boosted its stake in Vanguard Total Bond Market ETF by 1,064.1% in the 4th quarter. FAS Wealth Partners Inc. now owns 454 shares of the company’s stock worth $34,000 after purchasing an additional 415 shares during the period.

Vanguard Total Bond Market ETF Stock Up 0.1%

BND stock opened at $73.11 on Friday. Vanguard Total Bond Market ETF has a twelve month low of $72.34 and a twelve month high of $75.23. The stock has a 50-day simple moving average of $73.26 and a two-hundred day simple moving average of $73.82.

Vanguard Total Bond Market ETF Cuts Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, July 6th. Stockholders of record on Wednesday, July 1st will be issued a $0.2445 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date of this dividend is Wednesday, July 1st.

About Vanguard Total Bond Market ETF

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.