Forum Financial Management LP Lowers Stake in Vanguard Total Bond Market ETF (NASDAQ:BND)

Forum Financial Management LP cut its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 18.2% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,664 shares of the company’s stock after selling 815 shares during the quarter. Forum Financial Management LP’s holdings in Vanguard Total Bond Market ETF were worth $275,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in BND. Creative Planning boosted its position in shares of Vanguard Total Bond Market ETF by 11.5% in the 2nd quarter. Creative Planning now owns 84,438,154 shares of the company’s stock worth $6,083,769,000 after purchasing an additional 8,691,058 shares in the last quarter. Arizona PSPRS Trust acquired a new stake in Vanguard Total Bond Market ETF in the second quarter worth about $472,909,000. Vanguard Group Inc. grew its stake in shares of Vanguard Total Bond Market ETF by 20.1% during the first quarter. Vanguard Group Inc. now owns 37,326,573 shares of the company’s stock worth $2,711,029,000 after acquiring an additional 6,253,040 shares during the last quarter. Axiom Advisory LLC increased its holdings in shares of Vanguard Total Bond Market ETF by 20.7% during the third quarter. Axiom Advisory LLC now owns 27,905,696 shares of the company’s stock valued at $2,065,731,000 after acquiring an additional 4,794,485 shares in the last quarter. Finally, Cetera Investment Advisers raised its position in shares of Vanguard Total Bond Market ETF by 123.9% in the 1st quarter. Cetera Investment Advisers now owns 4,807,301 shares of the company’s stock valued at $349,154,000 after purchasing an additional 2,660,678 shares during the last quarter.

Vanguard Total Bond Market ETF Stock Up 0.2 %

NASDAQ BND opened at $73.01 on Wednesday. Vanguard Total Bond Market ETF has a 12-month low of $69.36 and a 12-month high of $75.67. The company has a fifty day simple moving average of $74.34 and a two-hundred day simple moving average of $73.13.

Vanguard Total Bond Market ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, November 5th. Shareholders of record on Friday, November 1st were given a dividend of $0.2276 per share. The ex-dividend date was Friday, November 1st. This represents a $2.73 dividend on an annualized basis and a yield of 3.74%. This is a boost from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.22.

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.