Ocean Park Asset Management LLC Sells 717,300 Shares of Vanguard Total Bond Market ETF $BND

Ocean Park Asset Management LLC cut its position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 47.6% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 789,600 shares of the company’s stock after selling 717,300 shares during the period. Vanguard Total Bond Market ETF accounts for about 2.9% of Ocean Park Asset Management LLC’s investment portfolio, making the stock its 7th largest position. Ocean Park Asset Management LLC’s holdings in Vanguard Total Bond Market ETF were worth $58,146,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in the company. USAdvisors Wealth Management LLC increased its holdings in Vanguard Total Bond Market ETF by 2.3% in the fourth quarter. USAdvisors Wealth Management LLC now owns 6,384 shares of the company’s stock worth $472,000 after buying an additional 141 shares during the last quarter. BCO Wealth Management LLC raised its position in Vanguard Total Bond Market ETF by 0.3% during the first quarter. BCO Wealth Management LLC now owns 49,894 shares of the company’s stock valued at $3,674,000 after acquiring an additional 143 shares in the last quarter. Centurion Wealth Management LLC lifted its stake in Vanguard Total Bond Market ETF by 0.9% in the fourth quarter. Centurion Wealth Management LLC now owns 15,880 shares of the company’s stock valued at $1,176,000 after acquiring an additional 146 shares during the last quarter. Novak & Powell Financial Services Inc. lifted its stake in Vanguard Total Bond Market ETF by 1.0% in the fourth quarter. Novak & Powell Financial Services Inc. now owns 14,360 shares of the company’s stock valued at $1,064,000 after acquiring an additional 149 shares during the last quarter. Finally, Cornerstone Management Inc. grew its position in Vanguard Total Bond Market ETF by 3.6% in the fourth quarter. Cornerstone Management Inc. now owns 4,374 shares of the company’s stock worth $324,000 after acquiring an additional 152 shares in the last quarter.

Vanguard Total Bond Market ETF Stock Performance

Shares of BND opened at $73.34 on Monday. The company’s fifty day moving average is $73.35 and its 200-day moving average is $73.87. Vanguard Total Bond Market ETF has a 12 month low of $72.34 and a 12 month high of $75.23.

Vanguard Total Bond Market ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, June 3rd. Investors of record on Monday, June 1st were paid a $0.2473 dividend. This represents a c) annualized dividend and a dividend yield of 4.0%. The ex-dividend date of this dividend was Monday, June 1st.

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.