Vanguard Total Bond Market ETF $BND Shares Sold by New Jersey Better Educational Savings Trust

New Jersey Better Educational Savings Trust reduced its holdings in Vanguard Total Bond Market ETF (NASDAQ:BND) by 5.0% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 354,594 shares of the company’s stock after selling 18,771 shares during the quarter. Vanguard Total Bond Market ETF comprises 42.9% of New Jersey Better Educational Savings Trust’s holdings, making the stock its largest holding. New Jersey Better Educational Savings Trust’s holdings in Vanguard Total Bond Market ETF were worth $26,112,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. USAdvisors Wealth Management LLC grew its position in shares of Vanguard Total Bond Market ETF by 2.3% during the 4th quarter. USAdvisors Wealth Management LLC now owns 6,384 shares of the company’s stock worth $472,000 after buying an additional 141 shares during the period. BCO Wealth Management LLC boosted its stake in Vanguard Total Bond Market ETF by 0.3% during the first quarter. BCO Wealth Management LLC now owns 49,894 shares of the company’s stock worth $3,674,000 after acquiring an additional 143 shares in the last quarter. Centurion Wealth Management LLC boosted its stake in Vanguard Total Bond Market ETF by 0.9% during the fourth quarter. Centurion Wealth Management LLC now owns 15,880 shares of the company’s stock worth $1,176,000 after acquiring an additional 146 shares in the last quarter. Novak & Powell Financial Services Inc. boosted its stake in Vanguard Total Bond Market ETF by 1.0% during the fourth quarter. Novak & Powell Financial Services Inc. now owns 14,360 shares of the company’s stock worth $1,064,000 after acquiring an additional 149 shares in the last quarter. Finally, Cornerstone Management Inc. grew its holdings in Vanguard Total Bond Market ETF by 3.6% in the fourth quarter. Cornerstone Management Inc. now owns 4,374 shares of the company’s stock worth $324,000 after purchasing an additional 152 shares during the period.

Vanguard Total Bond Market ETF Trading Down 0.2%

Shares of NASDAQ BND opened at $72.70 on Thursday. The firm’s 50-day moving average price is $73.19 and its 200-day moving average price is $73.78. Vanguard Total Bond Market ETF has a 1-year low of $72.34 and a 1-year high of $75.23.

Vanguard Total Bond Market ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Monday, July 6th. Shareholders of record on Wednesday, July 1st were issued a $0.2445 dividend. The ex-dividend date was Wednesday, July 1st. This represents a c) annualized dividend and a yield of 4.0%.

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.