Atlantic Edge Private Wealth Management LLC Lowers Stock Holdings in Vanguard Total Bond Market ETF (NASDAQ:BND)

Atlantic Edge Private Wealth Management LLC lessened its holdings in Vanguard Total Bond Market ETF (NASDAQ:BND) by 11.9% during the first quarter, Holdings Channel.com reports. The firm owned 2,040 shares of the company’s stock after selling 275 shares during the quarter. Atlantic Edge Private Wealth Management LLC’s holdings in Vanguard Total Bond Market ETF were worth $150,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. Ameriflex Group Inc. purchased a new stake in Vanguard Total Bond Market ETF during the fourth quarter worth $27,000. Park Square Financial Group LLC purchased a new stake in shares of Vanguard Total Bond Market ETF in the fourth quarter valued at $37,000. Proathlete Wealth Management LLC purchased a new stake in shares of Vanguard Total Bond Market ETF in the first quarter valued at $39,000. Olde Wealth Management LLC purchased a new stake in shares of Vanguard Total Bond Market ETF in the first quarter valued at $39,000. Finally, Physician Wealth Advisors Inc. purchased a new stake in shares of Vanguard Total Bond Market ETF in the fourth quarter valued at $46,000.

Vanguard Total Bond Market ETF Stock Performance

Shares of NASDAQ:BND opened at $73.13 on Friday. Vanguard Total Bond Market ETF has a 52-week low of $71.10 and a 52-week high of $75.67. The stock’s fifty day simple moving average is $72.73 and its 200-day simple moving average is $72.60.

Vanguard Total Bond Market ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, July 3rd. Investors of record on Tuesday, July 1st were paid a $0.2353 dividend. The ex-dividend date of this dividend was Tuesday, July 1st. This represents a $2.82 annualized dividend and a yield of 3.86%.

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.