IndexIQ Advisors LLC Reduces Position in Vanguard Total Bond Market ETF (BND)

IndexIQ Advisors LLC lessened its stake in Vanguard Total Bond Market ETF (NYSEARCA:BND) by 62.7% in the 1st quarter, Holdings Channel reports. The firm owned 24,299 shares of the company’s stock after selling 40,924 shares during the period. IndexIQ Advisors LLC’s holdings in Vanguard Total Bond Market ETF were worth $1,973,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the stock. Bartlett & Co. LLC increased its holdings in Vanguard Total Bond Market ETF by 0.7% in the 1st quarter. Bartlett & Co. LLC now owns 19,706 shares of the company’s stock valued at $1,600,000 after purchasing an additional 134 shares during the last quarter. Fagan Associates Inc. increased its holdings in Vanguard Total Bond Market ETF by 0.6% in the 4th quarter. Fagan Associates Inc. now owns 22,950 shares of the company’s stock valued at $1,818,000 after purchasing an additional 136 shares during the last quarter. Autus Asset Management LLC increased its holdings in Vanguard Total Bond Market ETF by 1.0% in the 1st quarter. Autus Asset Management LLC now owns 15,074 shares of the company’s stock valued at $1,224,000 after purchasing an additional 150 shares during the last quarter. Versant Capital Management Inc grew its stake in shares of Vanguard Total Bond Market ETF by 3.3% in the fourth quarter. Versant Capital Management Inc now owns 5,351 shares of the company’s stock worth $423,000 after acquiring an additional 170 shares in the last quarter. Finally, JFS Wealth Advisors LLC grew its stake in shares of Vanguard Total Bond Market ETF by 0.5% in the first quarter. JFS Wealth Advisors LLC now owns 36,038 shares of the company’s stock worth $2,926,000 after acquiring an additional 172 shares in the last quarter.

NYSEARCA:BND opened at $81.21 on Thursday. Vanguard Total Bond Market ETF has a 52 week low of $77.46 and a 52 week high of $81.36.

The firm also recently declared a monthly dividend, which was paid on Monday, May 6th. Shareholders of record on Thursday, May 2nd were paid a $0.195 dividend. This is an increase from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.19. The ex-dividend date was Wednesday, May 1st. This represents a $2.34 annualized dividend and a dividend yield of 2.88%.

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About Vanguard Total Bond Market ETF

Vanguard Total Bond Market ETF (the Fund) seeks to track the performance of a market-weighted bond index. The Fund employs a passive management or indexing investment approach designed to track the performance of the Barclays Capital U.S. Aggregate Bond Index (the Index). The Index measures a spectrum of public, investment-grade, taxable, fixed-income securities in the United States, including government, corporate and international dollar-denominated bonds, as well as mortgage-backed and asset-backed securities, all with maturities of more than one year.

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Institutional Ownership by Quarter for Vanguard Total Bond Market ETF (NYSEARCA:BND)

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