Old Port Advisors Cuts Position in Vanguard Total Bond Market ETF (NASDAQ:BND)

Old Port Advisors reduced its stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 11.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 81,739 shares of the company’s stock after selling 10,593 shares during the quarter. Vanguard Total Bond Market ETF makes up 1.7% of Old Port Advisors’ holdings, making the stock its 11th largest position. Old Port Advisors’ holdings in Vanguard Total Bond Market ETF were worth $5,878,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently added to or reduced their stakes in BND. Essex Financial Services Inc. grew its holdings in Vanguard Total Bond Market ETF by 4.9% in the second quarter. Essex Financial Services Inc. now owns 3,009 shares of the company’s stock worth $217,000 after purchasing an additional 140 shares during the last quarter. Natixis Advisors LLC raised its stake in Vanguard Total Bond Market ETF by 63.1% in the second quarter. Natixis Advisors LLC now owns 283,951 shares of the company’s stock valued at $20,459,000 after buying an additional 109,810 shares during the last quarter. Legacy Capital Wealth Partners LLC acquired a new stake in Vanguard Total Bond Market ETF in the second quarter worth about $226,000. Founders Financial Securities LLC grew its stake in shares of Vanguard Total Bond Market ETF by 19.1% during the second quarter. Founders Financial Securities LLC now owns 40,310 shares of the company’s stock worth $2,904,000 after acquiring an additional 6,466 shares during the last quarter. Finally, Aveo Capital Partners LLC increased its holdings in shares of Vanguard Total Bond Market ETF by 3.3% during the second quarter. Aveo Capital Partners LLC now owns 4,937 shares of the company’s stock valued at $356,000 after acquiring an additional 158 shares in the last quarter.

Vanguard Total Bond Market ETF Price Performance

Shares of NASDAQ BND traded up $0.09 during mid-day trading on Thursday, hitting $72.00. The stock had a trading volume of 2,484,527 shares, compared to its average volume of 6,582,574. The company has a 50 day moving average of $72.77 and a two-hundred day moving average of $73.45. Vanguard Total Bond Market ETF has a twelve month low of $70.37 and a twelve month high of $75.67.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 27th. Stockholders of record on Tuesday, December 24th were issued a $0.2334 dividend. This is an increase from Vanguard Total Bond Market ETF’s previous dividend of $0.23. The ex-dividend date of this dividend was Tuesday, December 24th.

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.