Axxcess Wealth Management LLC Has $12.48 Million Stake in Vanguard Total Bond Market ETF (NASDAQ:BND)

Axxcess Wealth Management LLC cut its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 55.5% in the fourth quarter, Holdings Channel.com reports. The firm owned 169,614 shares of the company’s stock after selling 211,514 shares during the quarter. Axxcess Wealth Management LLC’s holdings in Vanguard Total Bond Market ETF were worth $12,475,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Morgan Stanley lifted its position in shares of Vanguard Total Bond Market ETF by 2.6% in the third quarter. Morgan Stanley now owns 82,574,735 shares of the company’s stock valued at $5,762,065,000 after buying an additional 2,061,088 shares during the last quarter. Creative Planning boosted its holdings in shares of Vanguard Total Bond Market ETF by 11.7% during the 3rd quarter. Creative Planning now owns 55,509,448 shares of the company’s stock worth $3,873,449,000 after buying an additional 5,800,676 shares during the period. Jones Financial Companies Lllp raised its holdings in Vanguard Total Bond Market ETF by 0.7% in the 3rd quarter. Jones Financial Companies Lllp now owns 42,651,470 shares of the company’s stock valued at $2,976,220,000 after acquiring an additional 314,511 shares during the period. LPL Financial LLC boosted its holdings in shares of Vanguard Total Bond Market ETF by 8.0% during the third quarter. LPL Financial LLC now owns 33,541,772 shares of the company’s stock worth $2,340,545,000 after acquiring an additional 2,478,188 shares during the period. Finally, Vanguard Group Inc. increased its stake in shares of Vanguard Total Bond Market ETF by 27.0% during the third quarter. Vanguard Group Inc. now owns 25,280,727 shares of the company’s stock worth $1,764,089,000 after purchasing an additional 5,367,298 shares during the period.

Vanguard Total Bond Market ETF Stock Performance

NASDAQ BND traded up $0.36 on Friday, reaching $71.35. The stock had a trading volume of 7,256,902 shares, compared to its average volume of 7,878,454. The firm has a fifty day moving average of $71.76 and a two-hundred day moving average of $71.72. Vanguard Total Bond Market ETF has a 1-year low of $67.99 and a 1-year high of $74.38.

Vanguard Total Bond Market ETF Cuts Dividend

The business also recently declared a dividend, which will be paid on Monday, May 6th. Investors of record on Thursday, May 2nd will be given a dividend of $0.2138 per share. The ex-dividend date is Wednesday, May 1st.

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.