Rialto Wealth Management LLC Sells 34,059 Shares of Vanguard Total Bond Market ETF $BND

Rialto Wealth Management LLC reduced its stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 72.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,121 shares of the company’s stock after selling 34,059 shares during the quarter. Rialto Wealth Management LLC’s holdings in Vanguard Total Bond Market ETF were worth $972,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Brighton Jones LLC grew its holdings in shares of Vanguard Total Bond Market ETF by 99.6% in the 4th quarter. Brighton Jones LLC now owns 37,423 shares of the company’s stock worth $2,691,000 after purchasing an additional 18,677 shares during the last quarter. Revolve Wealth Partners LLC lifted its holdings in Vanguard Total Bond Market ETF by 19.1% during the 4th quarter. Revolve Wealth Partners LLC now owns 3,298 shares of the company’s stock valued at $237,000 after purchasing an additional 530 shares during the last quarter. AlphaCore Capital LLC acquired a new position in Vanguard Total Bond Market ETF in the second quarter valued at about $350,000. Coldstream Capital Management Inc. boosted its position in Vanguard Total Bond Market ETF by 8.1% in the second quarter. Coldstream Capital Management Inc. now owns 71,093 shares of the company’s stock valued at $5,235,000 after buying an additional 5,342 shares in the last quarter. Finally, Global Retirement Partners LLC bought a new stake in Vanguard Total Bond Market ETF during the second quarter worth about $9,624,000.

Vanguard Total Bond Market ETF Stock Up 0.4%

NASDAQ BND opened at $73.45 on Tuesday. The company has a 50 day moving average of $74.30 and a 200-day moving average of $74.37. Vanguard Total Bond Market ETF has a 1-year low of $71.41 and a 1-year high of $75.23.

Vanguard Total Bond Market ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were given a dividend of $0.2278 per share. The ex-dividend date was Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 3.7%.

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.