Midwest Trust Co Sells 7,814 Shares of Vanguard Total Bond Market ETF $BND

Midwest Trust Co trimmed its position in Vanguard Total Bond Market ETF (NASDAQ:BND) by 28.2% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 19,930 shares of the company’s stock after selling 7,814 shares during the quarter. Midwest Trust Co’s holdings in Vanguard Total Bond Market ETF were worth $1,468,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. increased its stake in shares of Vanguard Total Bond Market ETF by 6.3% in the fourth quarter. JPMorgan Chase & Co. now owns 139,629,587 shares of the company’s stock worth $10,342,364,000 after purchasing an additional 8,283,073 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake 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 buying an additional 4,285,563 shares in the last quarter. Creative Planning boosted its holdings in Vanguard Total Bond Market ETF by 8.7% in the 3rd quarter. Creative Planning now owns 124,942,968 shares of the company’s stock worth $9,292,008,000 after buying an additional 10,046,828 shares during the period. Morgan Stanley boosted its holdings in Vanguard Total Bond Market ETF by 15.0% in the 4th quarter. Morgan Stanley now owns 124,929,480 shares of the company’s stock worth $9,253,527,000 after buying an additional 16,287,510 shares during the period. Finally, Vanguard Group Inc. boosted its holdings in Vanguard Total Bond Market ETF by 9.7% in the 4th quarter. Vanguard Group Inc. now owns 78,903,250 shares of the company’s stock worth $5,844,363,000 after buying an additional 6,989,480 shares during the period.

Vanguard Total Bond Market ETF Trading Down 0.4%

Shares of BND stock opened at $72.50 on Tuesday. The stock has a fifty day simple moving average of $73.14 and a two-hundred day simple moving average of $73.75. Vanguard Total Bond Market ETF has a 52-week low of $72.34 and a 52-week high of $75.23.

Vanguard Total Bond Market ETF Cuts Dividend

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

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.