Harbour Investments Inc. Has $31.74 Million Stake in Vanguard Total Bond Market ETF (NASDAQ:BND)

Harbour Investments Inc. lowered its position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 43.2% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 432,077 shares of the company’s stock after selling 328,270 shares during the period. Vanguard Total Bond Market ETF comprises about 0.9% of Harbour Investments Inc.’s portfolio, making the stock its 17th biggest position. Harbour Investments Inc.’s holdings in Vanguard Total Bond Market ETF were worth $31,736,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Betterment LLC increased its holdings in Vanguard Total Bond Market ETF by 5.4% in the fourth quarter. Betterment LLC now owns 1,679,216 shares of the company’s stock valued at $120,752,000 after purchasing an additional 86,538 shares during the period. First Trust Advisors LP bought a new stake in shares of Vanguard Total Bond Market ETF in the 4th quarter valued at about $647,000. Sherwood Financial Partners LLC acquired a new stake in shares of Vanguard Total Bond Market ETF in the fourth quarter valued at about $32,455,000. Alliancebernstein L.P. increased its stake in shares of Vanguard Total Bond Market ETF by 3.3% in the fourth quarter. Alliancebernstein L.P. now owns 842,804 shares of the company’s stock valued at $60,606,000 after buying an additional 27,024 shares during the period. Finally, Millennium Management LLC bought a new position in shares of Vanguard Total Bond Market ETF during the fourth quarter worth about $4,815,000.

Vanguard Total Bond Market ETF Stock Down 0.3%

Vanguard Total Bond Market ETF stock opened at $73.19 on Thursday. The stock’s 50 day moving average is $72.84 and its 200 day moving average is $72.74. Vanguard Total Bond Market ETF has a one year low of $71.10 and a one year high of $75.67.

Vanguard Total Bond Market ETF Cuts Dividend

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

Vanguard Total Bond Market ETF Company 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.