Financiere des Professionnels Fonds d investissement inc. Decreases Holdings in Vanguard Total Bond Market ETF $BND

Financiere des Professionnels Fonds d investissement inc. lowered its position in Vanguard Total Bond Market ETF (NASDAQ:BND) by 5.0% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 380,700 shares of the company’s stock after selling 20,000 shares during the period. Vanguard Total Bond Market ETF makes up about 1.6% of Financiere des Professionnels Fonds d investissement inc.’s investment portfolio, making the stock its 12th biggest position. Financiere des Professionnels Fonds d investissement inc.’s holdings in Vanguard Total Bond Market ETF were worth $28,035,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Bessemer Group Inc. raised its holdings in Vanguard Total Bond Market ETF by 105.5% during the first quarter. Bessemer Group Inc. now owns 7,969 shares of the company’s stock worth $587,000 after purchasing an additional 4,092 shares during the last quarter. Ashford Advisors LLC acquired a new stake in Vanguard Total Bond Market ETF in the first quarter valued at $7,087,000. Independent Financial Group LLC acquired a new stake in Vanguard Total Bond Market ETF in the first quarter valued at $22,556,000. Prosperity Consulting Group LLC grew its holdings in Vanguard Total Bond Market ETF by 2.4% in the first quarter. Prosperity Consulting Group LLC now owns 56,711 shares of the company’s stock valued at $4,176,000 after purchasing an additional 1,342 shares during the last quarter. Finally, BCGM Wealth Management LLC increased its position in shares of Vanguard Total Bond Market ETF by 9.6% in the first quarter. BCGM Wealth Management LLC now owns 17,196 shares of the company’s stock valued at $1,266,000 after buying an additional 1,512 shares in the last quarter.

Vanguard Total Bond Market ETF Stock Down 0.0%

NASDAQ:BND opened at $72.81 on Friday. Vanguard Total Bond Market ETF has a 52-week low of $72.34 and a 52-week high of $75.23. The stock has a fifty day simple moving average of $73.11 and a 200-day simple moving average of $73.72.

Vanguard Total Bond Market ETF Cuts Dividend

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

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.