Institute for Wealth Management LLC. Sells 228 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

Institute for Wealth Management LLC. trimmed its stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 1.6% during the 4th quarter, Holdings Channel.com reports. The fund owned 14,294 shares of the company’s stock after selling 228 shares during the quarter. Institute for Wealth Management LLC.’s holdings in Vanguard Total Bond Market ETF were worth $1,051,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in BND. AMI Investment Management Inc. grew its position in shares of Vanguard Total Bond Market ETF by 4.3% in the 1st quarter. AMI Investment Management Inc. now owns 28,536 shares of the company’s stock worth $2,270,000 after buying an additional 1,183 shares during the last quarter. Roundview Capital LLC grew its position in shares of Vanguard Total Bond Market ETF by 4.3% in the 1st quarter. Roundview Capital LLC now owns 190,445 shares of the company’s stock worth $15,148,000 after buying an additional 7,851 shares during the last quarter. Cibc World Market Inc. grew its position in shares of Vanguard Total Bond Market ETF by 123.9% in the 1st quarter. Cibc World Market Inc. now owns 21,764 shares of the company’s stock worth $1,731,000 after buying an additional 12,045 shares during the last quarter. Blair William & Co. IL grew its position in shares of Vanguard Total Bond Market ETF by 37.4% in the 1st quarter. Blair William & Co. IL now owns 37,602 shares of the company’s stock worth $2,991,000 after buying an additional 10,238 shares during the last quarter. Finally, Vanguard Group Inc. grew its position in shares of Vanguard Total Bond Market ETF by 6.1% in the 1st quarter. Vanguard Group Inc. now owns 12,169,900 shares of the company’s stock worth $967,993,000 after buying an additional 697,937 shares during the last quarter.

Vanguard Total Bond Market ETF Stock Performance

BND opened at $70.79 on Friday. The business has a 50 day moving average of $72.00 and a 200-day moving average of $71.61. Vanguard Total Bond Market ETF has a 52 week low of $67.99 and a 52 week high of $74.38.

Vanguard Total Bond Market ETF Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, April 4th. Stockholders of record on Tuesday, April 2nd were paid a $0.2163 dividend. The ex-dividend date of this dividend was Monday, April 1st. This is a boost from Vanguard Total Bond Market ETF’s previous dividend of $0.20.

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.