Martel Wealth Advisors Inc Sells 1,059,179 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

Martel Wealth Advisors Inc decreased its holdings in Vanguard Total Bond Market ETF (NASDAQ:BND) by 81.6% during the 4th quarter, Holdings Channel.com reports. The fund owned 239,160 shares of the company’s stock after selling 1,059,179 shares during the quarter. Vanguard Total Bond Market ETF accounts for 3.4% of Martel Wealth Advisors Inc’s investment portfolio, making the stock its 6th biggest holding. Martel Wealth Advisors Inc’s holdings in Vanguard Total Bond Market ETF were worth $17,198,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Pure Financial Advisors LLC lifted its stake in Vanguard Total Bond Market ETF by 15.6% during the 4th quarter. Pure Financial Advisors LLC now owns 5,678,998 shares of the company’s stock valued at $408,377,000 after acquiring an additional 765,946 shares in the last quarter. Koshinski Asset Management Inc. raised its holdings in shares of Vanguard Total Bond Market ETF by 3.1% in the fourth quarter. Koshinski Asset Management Inc. now owns 52,690 shares of the company’s stock valued at $3,789,000 after purchasing an additional 1,609 shares during the last quarter. Leonard Rickey Investment Advisors P.L.L.C. lifted its position in shares of Vanguard Total Bond Market ETF by 3.7% during the fourth quarter. Leonard Rickey Investment Advisors P.L.L.C. now owns 320,719 shares of the company’s stock valued at $23,063,000 after purchasing an additional 11,391 shares in the last quarter. Mountain Pacific Investment Advisers LLC boosted its holdings in Vanguard Total Bond Market ETF by 0.8% during the fourth quarter. Mountain Pacific Investment Advisers LLC now owns 46,798 shares of the company’s stock worth $3,365,000 after purchasing an additional 379 shares during the last quarter. Finally, Gemmer Asset Management LLC grew its position in Vanguard Total Bond Market ETF by 1.2% in the 4th quarter. Gemmer Asset Management LLC now owns 14,298 shares of the company’s stock worth $1,028,000 after purchasing an additional 175 shares in the last quarter.

Vanguard Total Bond Market ETF Price Performance

Vanguard Total Bond Market ETF stock opened at $71.95 on Tuesday. Vanguard Total Bond Market ETF has a 52 week low of $70.37 and a 52 week high of $75.67. The company’s 50 day moving average price is $72.45 and its two-hundred day moving average price is $73.40.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, December 27th. Investors of record on Tuesday, December 24th were issued a dividend of $0.2334 per share. This is a positive change 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.