Lido Advisors LLC Sells 4,489 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

Lido Advisors LLC reduced its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 2.5% during the fourth quarter, Holdings Channel.com reports. The firm owned 175,134 shares of the company’s stock after selling 4,489 shares during the quarter. Lido Advisors LLC’s holdings in Vanguard Total Bond Market ETF were worth $12,594,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of BND. Quent Capital LLC purchased a new stake in Vanguard Total Bond Market ETF during the 4th quarter valued at $25,000. Christopher J. Hasenberg Inc purchased a new stake in shares of Vanguard Total Bond Market ETF during the fourth quarter valued at $31,000. Sound Income Strategies LLC boosted its position 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 valued at $34,000 after buying an additional 146 shares during the period. Golden State Wealth Management LLC bought a new position in Vanguard Total Bond Market ETF in the 4th quarter worth about $34,000. Finally, YANKCOM Partnership bought a new position in Vanguard Total Bond Market ETF in the 4th quarter worth about $45,000.

Vanguard Total Bond Market ETF Stock Performance

Shares of BND stock opened at $73.36 on Tuesday. The company’s 50-day simple moving average is $73.00 and its two-hundred day simple moving average is $72.73. Vanguard Total Bond Market ETF has a one year low of $70.50 and a one year high of $75.67.

Vanguard Total Bond Market ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, April 3rd. Shareholders of record on Tuesday, April 1st were paid a $0.2404 dividend. This is an increase from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.23. This represents a $2.88 dividend on an annualized basis and a yield of 3.93%. The ex-dividend date of this dividend was Tuesday, April 1st.

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.