RFG Advisory LLC Sells 10,058 Shares of Vanguard Total Bond Market ETF $BND

RFG Advisory LLC cut its holdings in Vanguard Total Bond Market ETF (NASDAQ:BND) by 1.8% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 549,980 shares of the company’s stock after selling 10,058 shares during the quarter. Vanguard Total Bond Market ETF accounts for 0.7% of RFG Advisory LLC’s investment portfolio, making the stock its 16th largest holding. RFG Advisory LLC’s holdings in Vanguard Total Bond Market ETF were worth $40,500,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of BND. JPMorgan Chase & Co. grew its position in shares of Vanguard Total Bond Market ETF by 6.3% during the 4th quarter. JPMorgan Chase & Co. now owns 139,629,587 shares of the company’s stock worth $10,342,364,000 after buying an additional 8,283,073 shares during the period. Northwestern Mutual Wealth Management Co. lifted its position in shares of Vanguard Total Bond Market ETF by 3.4% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 130,902,798 shares of the company’s stock valued at $9,695,970,000 after acquiring an additional 4,285,563 shares during the period. Creative Planning boosted its stake in Vanguard Total Bond Market ETF by 8.7% during the third quarter. Creative Planning now owns 124,942,968 shares of the company’s stock worth $9,292,008,000 after acquiring an additional 10,046,828 shares in the last quarter. Morgan Stanley boosted its stake in Vanguard Total Bond Market ETF by 15.0% during the fourth quarter. Morgan Stanley now owns 124,929,480 shares of the company’s stock worth $9,253,527,000 after acquiring an additional 16,287,510 shares in the last quarter. Finally, Vanguard Group Inc. grew its holdings in Vanguard Total Bond Market ETF by 9.7% in the fourth quarter. Vanguard Group Inc. now owns 78,903,250 shares of the company’s stock worth $5,844,363,000 after purchasing an additional 6,989,480 shares during the period.

Vanguard Total Bond Market ETF Stock Up 0.5%

BND opened at $73.56 on Thursday. The company has a fifty day moving average price of $73.32 and a two-hundred day moving average price of $73.85. 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 announced a monthly dividend, which was paid on Wednesday, June 3rd. Investors of record on Monday, June 1st were given a $0.2473 dividend. This represents a c) dividend on an annualized basis and a yield of 4.0%. The ex-dividend date of this dividend was Monday, June 1st.

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.