Retirement Planning Group LLC Sells 230,860 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

Retirement Planning Group LLC cut its holdings in Vanguard Total Bond Market ETF (NASDAQ:BND) by 50.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 222,738 shares of the company’s stock after selling 230,860 shares during the period. Vanguard Total Bond Market ETF makes up approximately 0.8% of Retirement Planning Group LLC’s portfolio, making the stock its 23rd biggest position. Retirement Planning Group LLC’s holdings in Vanguard Total Bond Market ETF were worth $16,017,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in BND. Barclays PLC raised its position in shares of Vanguard Total Bond Market ETF by 59.7% in the 3rd quarter. Barclays PLC now owns 374,815 shares of the company’s stock worth $28,153,000 after acquiring an additional 140,133 shares in the last quarter. JPMorgan Chase & Co. raised its position in shares of Vanguard Total Bond Market ETF by 5.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 89,037,239 shares of the company’s stock worth $6,687,587,000 after acquiring an additional 4,687,550 shares in the last quarter. Tallon Kerry Patrick bought a new position in shares of Vanguard Total Bond Market ETF in the 4th quarter worth about $474,000. Capital & Planning LLC bought a new position in shares of Vanguard Total Bond Market ETF in the 4th quarter worth about $8,564,000. Finally, Dakota Wealth Management raised its position in shares of Vanguard Total Bond Market ETF by 28.7% in the 4th quarter. Dakota Wealth Management now owns 27,998 shares of the company’s stock worth $2,013,000 after acquiring an additional 6,247 shares in the last quarter.

Vanguard Total Bond Market ETF Price Performance

BND stock opened at $72.08 on Friday. Vanguard Total Bond Market ETF has a 1-year low of $70.97 and a 1-year high of $75.67. The stock has a 50-day moving average price of $72.80 and a 200-day moving average price of $72.64.

Vanguard Total Bond Market ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Monday, May 5th. Investors of record on Thursday, May 1st were paid a dividend of $0.2364 per share. This represents a $2.84 dividend on an annualized basis and a yield of 3.94%. The ex-dividend date of this dividend was Thursday, May 1st.

Vanguard Total Bond Market ETF Company 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.