CIBC Private Wealth Group LLC Sells 2,292 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

CIBC Private Wealth Group LLC lowered its position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 26.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,439 shares of the company’s stock after selling 2,292 shares during the period. CIBC Private Wealth Group LLC’s holdings in Vanguard Total Bond Market ETF were worth $461,000 as of its most recent SEC filing.

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

Vanguard Total Bond Market ETF Price Performance

Shares of NASDAQ BND opened at $73.82 on Friday. The business has a 50-day moving average of $72.90 and a 200-day moving average of $72.99. Vanguard Total Bond Market ETF has a 12 month low of $70.37 and a 12 month high of $75.67.

Vanguard Total Bond Market ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, April 3rd. Shareholders of record on Tuesday, April 1st were paid a $0.2404 dividend. This represents a $2.88 dividend on an annualized basis and a yield of 3.91%. The ex-dividend date was Tuesday, April 1st. This is a boost 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.