Leo H. Evart Inc. Sells 29,416 Shares of Vanguard Total Bond Market ETF $BND

Leo H. Evart Inc. cut its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 27.1% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 79,078 shares of the company’s stock after selling 29,416 shares during the period. Vanguard Total Bond Market ETF accounts for 4.6% of Leo H. Evart Inc.’s portfolio, making the stock its 4th biggest position. Leo H. Evart Inc.’s holdings in Vanguard Total Bond Market ETF were worth $5,805,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. USAdvisors Wealth Management LLC raised its position in shares of Vanguard Total Bond Market ETF by 2.3% in the 4th quarter. USAdvisors Wealth Management LLC now owns 6,384 shares of the company’s stock worth $472,000 after acquiring an additional 141 shares in the last quarter. BCO Wealth Management LLC boosted its position in shares of Vanguard Total Bond Market ETF by 0.3% during the 1st quarter. BCO Wealth Management LLC now owns 49,894 shares of the company’s stock valued at $3,674,000 after purchasing an additional 143 shares in the last quarter. Novak & Powell Financial Services Inc. boosted its position in shares of Vanguard Total Bond Market ETF by 1.0% during the 4th quarter. Novak & Powell Financial Services Inc. now owns 14,360 shares of the company’s stock valued at $1,064,000 after purchasing an additional 149 shares in the last quarter. Value Investment Professionals LLC boosted its position in shares of Vanguard Total Bond Market ETF by 1.9% during the 2nd quarter. Value Investment Professionals LLC now owns 7,827 shares of the company’s stock valued at $575,000 after purchasing an additional 149 shares in the last quarter. Finally, Cornerstone Management Inc. grew its stake in Vanguard Total Bond Market ETF by 3.6% during the fourth quarter. Cornerstone Management Inc. now owns 4,374 shares of the company’s stock worth $324,000 after purchasing an additional 152 shares during the period.

Vanguard Total Bond Market ETF Trading Up 0.1%

Shares of BND stock opened at $71.83 on Thursday. The stock has a 50 day simple moving average of $72.58 and a two-hundred day simple moving average of $73.28. Vanguard Total Bond Market ETF has a fifty-two week low of $71.74 and a fifty-two week high of $75.23.

Vanguard Total Bond Market ETF Increases Dividend

The business also recently disclosed a monthly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Tuesday, September 1st will be given a dividend of $0.2529 per share. This is a positive change from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.25. The ex-dividend date of this dividend is Tuesday, September 1st. This represents a c) annualized dividend and a dividend yield of 4.2%.

Vanguard Total Bond Market ETF Company 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.