Nwam LLC Sells 12,176 Shares of Vanguard Total Bond Market ETF $BND

Nwam LLC decreased its position in Vanguard Total Bond Market ETF (NASDAQ:BND) by 5.6% during the first quarter, Holdings Channel reports. The fund owned 206,704 shares of the company’s stock after selling 12,176 shares during the period. Vanguard Total Bond Market ETF comprises approximately 0.9% of Nwam LLC’s investment portfolio, making the stock its 19th biggest position. Nwam LLC’s holdings in Vanguard Total Bond Market ETF were worth $15,222,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Avantax Planning Partners Inc. lifted its stake in shares of Vanguard Total Bond Market ETF by 58.0% in the 1st quarter. Avantax Planning Partners Inc. now owns 59,906 shares of the company’s stock worth $4,411,000 after purchasing an additional 21,992 shares during the period. Riverpoint Wealth Management Holdings LLC increased its holdings in Vanguard Total Bond Market ETF by 5.3% during the first quarter. Riverpoint Wealth Management Holdings LLC now owns 8,984 shares of the company’s stock valued at $662,000 after buying an additional 449 shares during the last quarter. Summit Wealth Group LLC increased its holdings in Vanguard Total Bond Market ETF by 5.1% during the first quarter. Summit Wealth Group LLC now owns 399,043 shares of the company’s stock valued at $29,386,000 after buying an additional 19,334 shares during the last quarter. AMG National Trust Bank increased its holdings in Vanguard Total Bond Market ETF by 10.5% during the first quarter. AMG National Trust Bank now owns 1,583,689 shares of the company’s stock valued at $116,623,000 after buying an additional 149,849 shares during the last quarter. Finally, Lutz Financial Services LLC raised its position in Vanguard Total Bond Market ETF by 5.0% in the first quarter. Lutz Financial Services LLC now owns 1,431,140 shares of the company’s stock worth $105,389,000 after acquiring an additional 68,196 shares during the period.

Vanguard Total Bond Market ETF Trading Up 0.3%

Shares of Vanguard Total Bond Market ETF stock opened at $72.70 on Wednesday. The company’s fifty day simple moving average is $73.13 and its 200-day simple moving average is $73.74. 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 business also recently announced a monthly dividend, which was paid on Monday, July 6th. Investors of record on Wednesday, July 1st were issued a $0.2445 dividend. This represents a c) dividend on an annualized basis and a yield of 4.0%. The ex-dividend date of this dividend was Wednesday, July 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.