Rise Advisors LLC Trims Stake in Vanguard Total Bond Market ETF (NASDAQ:BND)

Rise Advisors LLC lessened its position in Vanguard Total Bond Market ETF (NASDAQ:BND) by 20.8% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 1,002 shares of the company’s stock after selling 263 shares during the quarter. Rise Advisors LLC’s holdings in Vanguard Total Bond Market ETF were worth $72,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently made changes to their positions in BND. Creative Planning lifted its position in Vanguard Total Bond Market ETF by 11.5% during the second quarter. Creative Planning now owns 84,438,154 shares of the company’s stock valued at $6,083,769,000 after buying an additional 8,691,058 shares during the period. Arizona PSPRS Trust bought a new stake in Vanguard Total Bond Market ETF during the second quarter worth about $472,909,000. Axiom Advisory LLC grew its holdings in Vanguard Total Bond Market ETF by 20.7% in the third quarter. Axiom Advisory LLC now owns 27,905,696 shares of the company’s stock worth $2,065,731,000 after purchasing an additional 4,794,485 shares during the period. JPMorgan Chase & Co. grew its holdings in Vanguard Total Bond Market ETF by 5.6% in the third quarter. JPMorgan Chase & Co. now owns 89,037,239 shares of the company’s stock worth $6,687,587,000 after purchasing an additional 4,687,550 shares during the period. Finally, Franklin Resources Inc. increased its stake in shares of Vanguard Total Bond Market ETF by 3,082.1% during the third quarter. Franklin Resources Inc. now owns 3,430,390 shares of the company’s stock valued at $253,060,000 after purchasing an additional 3,322,588 shares in the last quarter.

Vanguard Total Bond Market ETF Stock Down 0.4 %

BND stock traded down $0.27 on Tuesday, reaching $71.51. 5,472,359 shares of the company traded hands, compared to its average volume of 6,405,333. The firm has a fifty day simple moving average of $72.69 and a 200-day simple moving average of $73.44. Vanguard Total Bond Market ETF has a one year low of $70.37 and a one year high of $75.67.

Vanguard Total Bond Market ETF Increases Dividend

The company also recently declared a dividend, which was paid on Friday, December 27th. Stockholders of record on Tuesday, December 24th were issued a dividend of $0.2334 per share. This is a boost from Vanguard Total Bond Market ETF’s previous dividend of $0.23. The ex-dividend date was Tuesday, December 24th.

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.