Cutler Investment Counsel LLC Sells 13,634 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

Cutler Investment Counsel LLC reduced its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 34.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 26,171 shares of the company’s stock after selling 13,634 shares during the period. Cutler Investment Counsel LLC’s holdings in Vanguard Total Bond Market ETF were worth $1,882,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of BND. Raymond James & Associates raised its position in Vanguard Total Bond Market ETF by 16.1% during the 3rd quarter. Raymond James & Associates now owns 2,582,073 shares of the company’s stock valued at $193,940,000 after purchasing an additional 357,909 shares in the last quarter. Whitaker Myers Wealth Managers LTD. increased its stake in shares of Vanguard Total Bond Market ETF by 18.2% during the third quarter. Whitaker Myers Wealth Managers LTD. now owns 9,975 shares of the company’s stock valued at $749,000 after buying an additional 1,534 shares during the period. Revolve Wealth Partners LLC bought a new stake in shares of Vanguard Total Bond Market ETF in the third quarter valued at about $208,000. Benchmark Wealth Management LLC lifted its stake in Vanguard Total Bond Market ETF by 4.8% in the third quarter. Benchmark Wealth Management LLC now owns 345,524 shares of the company’s stock worth $25,952,000 after acquiring an additional 15,682 shares during the period. Finally, Powers Advisory Group LLC grew its holdings in Vanguard Total Bond Market ETF by 7.8% during the 3rd quarter. Powers Advisory Group LLC now owns 112,025 shares of the company’s stock worth $8,414,000 after acquiring an additional 8,115 shares in the last quarter.

Vanguard Total Bond Market ETF Stock Performance

NASDAQ:BND opened at $72.53 on Monday. The firm has a 50-day simple moving average of $72.15 and a 200-day simple moving average of $73.34. Vanguard Total Bond Market ETF has a one year low of $70.37 and a one year high of $75.67.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, February 5th. Investors of record on Monday, February 3rd were paid a $0.2348 dividend. This is an increase from Vanguard Total Bond Market ETF’s previous dividend of $0.23. The ex-dividend date was Monday, February 3rd.

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.