Fragasso Financial Advisors Inc Sells 3,316 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

Fragasso Financial Advisors Inc cut its holdings in Vanguard Total Bond Market ETF (NASDAQ:BND) by 4.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 80,226 shares of the company’s stock after selling 3,316 shares during the period. Fragasso Financial Advisors Inc’s holdings in Vanguard Total Bond Market ETF were worth $5,769,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of BND. Towneley Capital Management Inc DE boosted its holdings in Vanguard Total Bond Market ETF by 4.7% during the third quarter. Towneley Capital Management Inc DE now owns 3,251 shares of the company’s stock valued at $244,000 after acquiring an additional 145 shares during the period. Cypress Point Wealth Management LLC boosted its stake in Vanguard Total Bond Market ETF by 0.7% during the 3rd quarter. Cypress Point Wealth Management LLC now owns 19,939 shares of the company’s stock valued at $1,498,000 after purchasing an additional 145 shares during the period. Wealthstream Advisors Inc. grew its holdings in Vanguard Total Bond Market ETF by 0.9% in the 3rd quarter. Wealthstream Advisors Inc. now owns 16,478 shares of the company’s stock valued at $1,238,000 after buying an additional 145 shares during the last quarter. Belmont Capital LLC increased its position in Vanguard Total Bond Market ETF by 8.7% in the 3rd quarter. Belmont Capital LLC now owns 1,817 shares of the company’s stock worth $136,000 after buying an additional 145 shares during the period. Finally, SilverOak Wealth Management LLC lifted its holdings in shares of Vanguard Total Bond Market ETF by 1.5% during the third quarter. SilverOak Wealth Management LLC now owns 10,911 shares of the company’s stock worth $820,000 after buying an additional 158 shares during the last quarter.

Vanguard Total Bond Market ETF Stock Down 0.0 %

Shares of BND traded down $0.01 during mid-day trading on Monday, hitting $71.23. The company’s stock had a trading volume of 5,970,680 shares, compared to its average volume of 7,031,942. Vanguard Total Bond Market ETF has a one year low of $70.37 and a one year high of $75.67. The stock’s 50-day moving average is $72.57 and its two-hundred day moving average is $73.41.

Vanguard Total Bond Market ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, December 27th. Stockholders of record on Tuesday, December 24th were issued a dividend of $0.2334 per share. This is an increase from Vanguard Total Bond Market ETF’s previous dividend of $0.23. The ex-dividend date of this dividend was Tuesday, December 24th.

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.