Main Street Financial Solutions LLC Has $1.53 Million Stock Holdings in Vanguard Total Bond Market ETF (NASDAQ:BND)

Main Street Financial Solutions LLC cut its position in Vanguard Total Bond Market ETF (NASDAQ:BND) by 11.8% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 21,284 shares of the company’s stock after selling 2,842 shares during the quarter. Main Street Financial Solutions LLC’s holdings in Vanguard Total Bond Market ETF were worth $1,531,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Quent Capital LLC acquired a new position in shares of Vanguard Total Bond Market ETF in the 4th quarter worth approximately $25,000. Christopher J. Hasenberg Inc bought a new stake in shares of Vanguard Total Bond Market ETF during the fourth quarter worth $31,000. Sound Income Strategies LLC increased its stake in shares of Vanguard Total Bond Market ETF by 44.1% in the fourth quarter. Sound Income Strategies LLC now owns 477 shares of the company’s stock valued at $34,000 after buying an additional 146 shares in the last quarter. Golden State Wealth Management LLC bought a new position in shares of Vanguard Total Bond Market ETF in the fourth quarter valued at about $34,000. Finally, YANKCOM Partnership acquired a new position in Vanguard Total Bond Market ETF during the 4th quarter worth about $45,000.

Vanguard Total Bond Market ETF Price Performance

Shares of NASDAQ:BND opened at $72.61 on Wednesday. Vanguard Total Bond Market ETF has a 12 month low of $70.37 and a 12 month high of $75.67. The company’s 50-day moving average price is $72.92 and its two-hundred day moving average price is $72.84.

Vanguard Total Bond Market ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, April 3rd. Investors of record on Tuesday, April 1st were issued a $0.2404 dividend. The ex-dividend date was Tuesday, April 1st. This represents a $2.88 dividend on an annualized basis and a dividend yield of 3.97%. This is a positive change from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.23.

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.