Flagstar Advisors Inc. Sells 795 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

Flagstar Advisors Inc. cut its holdings in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 2.5% during the 4th quarter, Holdings Channel reports. The firm owned 31,623 shares of the company’s stock after selling 795 shares during the period. Flagstar Advisors Inc.’s holdings in Vanguard Total Bond Market ETF were worth $2,326,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently made changes to their positions in the business. Milestone Investment Advisors LLC increased its stake in Vanguard Total Bond Market ETF by 505.3% in the first quarter. Milestone Investment Advisors LLC now owns 345 shares of the company’s stock valued at $25,000 after acquiring an additional 288 shares during the last quarter. Whittier Trust Co. of Nevada Inc. increased its stake in Vanguard Total Bond Market ETF by 90.3% in the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 371 shares of the company’s stock valued at $27,000 after acquiring an additional 176 shares during the last quarter. VitalStone Financial LLC increased its stake in Vanguard Total Bond Market ETF by 3,300.0% in the third quarter. VitalStone Financial LLC now owns 408 shares of the company’s stock valued at $28,000 after acquiring an additional 396 shares during the last quarter. Northern Trust Corp increased its stake in Vanguard Total Bond Market ETF by 9.1% in the first quarter. Northern Trust Corp now owns 37,414 shares of the company’s stock valued at $30,000 after acquiring an additional 3,132 shares during the last quarter. Finally, Steph & Co. bought a new position in Vanguard Total Bond Market ETF in the third quarter valued at approximately $33,000.

Vanguard Total Bond Market ETF Stock Performance

Shares of NASDAQ BND traded down $0.09 during midday trading on Friday, reaching $72.63. 5,326,433 shares of the company were exchanged, compared to its average volume of 7,708,837. The stock’s 50-day moving average price is $72.45 and its 200-day moving average price is $71.49. Vanguard Total Bond Market ETF has a one year low of $67.99 and a one year high of $74.90.

Vanguard Total Bond Market ETF Increases Dividend

The company also recently announced a dividend, which will be paid on Thursday, April 4th. Investors of record on Tuesday, April 2nd will be issued a $0.2163 dividend. This is a positive change from Vanguard Total Bond Market ETF’s previous dividend of $0.20. The ex-dividend date is Monday, April 1st.

Vanguard Total Bond Market ETF Company 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.