Hilltop Holdings Inc. Sells 83,049 Shares of Vanguard Total Bond Market ETF $BND

Hilltop Holdings Inc. decreased its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 77.1% during the 1st quarter, HoldingsChannel reports. The fund owned 24,668 shares of the company’s stock after selling 83,049 shares during the period. Hilltop Holdings Inc.’s holdings in Vanguard Total Bond Market ETF were worth $1,817,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. USAdvisors Wealth Management LLC raised its stake in Vanguard Total Bond Market ETF by 2.3% during the 4th quarter. USAdvisors Wealth Management LLC now owns 6,384 shares of the company’s stock valued at $472,000 after purchasing an additional 141 shares during the last quarter. BCO Wealth Management LLC grew its position in Vanguard Total Bond Market ETF by 0.3% in the 1st quarter. BCO Wealth Management LLC now owns 49,894 shares of the company’s stock worth $3,674,000 after purchasing an additional 143 shares during the last quarter. Centurion Wealth Management LLC grew its position in Vanguard Total Bond Market ETF by 0.9% in the 4th quarter. Centurion Wealth Management LLC now owns 15,880 shares of the company’s stock worth $1,176,000 after purchasing an additional 146 shares during the last quarter. Novak & Powell Financial Services Inc. increased its holdings in shares of Vanguard Total Bond Market ETF by 1.0% during the 4th quarter. Novak & Powell Financial Services Inc. now owns 14,360 shares of the company’s stock worth $1,064,000 after purchasing an additional 149 shares during the period. Finally, Cornerstone Management Inc. increased its holdings in shares of Vanguard Total Bond Market ETF by 3.6% during the 4th quarter. Cornerstone Management Inc. now owns 4,374 shares of the company’s stock worth $324,000 after purchasing an additional 152 shares during the period.

Vanguard Total Bond Market ETF Stock Up 0.1%

Shares of BND opened at $72.31 on Friday. The company has a 50-day simple moving average of $73.02 and a 200-day simple moving average of $73.66. Vanguard Total Bond Market ETF has a 52 week low of $72.17 and a 52 week high of $75.23.

Vanguard Total Bond Market ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Monday, July 6th. Investors of record on Wednesday, July 1st were paid a dividend of $0.2445 per share. This represents a c) annualized dividend and a yield of 4.1%. The ex-dividend date 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.