Palisade Asset Management LLC Cuts Position in Vanguard Total Bond Market ETF (NASDAQ:BND)

Palisade Asset Management LLC reduced its holdings in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 10.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,294 shares of the company’s stock after selling 394 shares during the quarter. Palisade Asset Management LLC’s holdings in Vanguard Total Bond Market ETF were worth $242,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Brown Advisory Inc. raised its stake in shares of Vanguard Total Bond Market ETF by 8.9% during the third quarter. Brown Advisory Inc. now owns 116,788 shares of the company’s stock valued at $8,149,000 after purchasing an additional 9,550 shares during the period. Lindbrook Capital LLC acquired a new stake in shares of Vanguard Total Bond Market ETF during the third quarter valued at about $58,000. Verdence Capital Advisors LLC lifted its stake in shares of Vanguard Total Bond Market ETF by 42.7% in the third quarter. Verdence Capital Advisors LLC now owns 7,652 shares of the company’s stock worth $534,000 after acquiring an additional 2,290 shares in the last quarter. Sound Stewardship LLC boosted its holdings in Vanguard Total Bond Market ETF by 4.3% in the third quarter. Sound Stewardship LLC now owns 46,627 shares of the company’s stock valued at $3,254,000 after purchasing an additional 1,905 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. grew its stake in Vanguard Total Bond Market ETF by 7.9% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 120,792 shares of the company’s stock valued at $8,429,000 after purchasing an additional 8,800 shares in the last quarter.

Vanguard Total Bond Market ETF Stock Performance

Shares of Vanguard Total Bond Market ETF stock traded up $0.14 on Tuesday, hitting $71.56. 4,635,395 shares of the company’s stock traded hands, compared to its average volume of 7,815,526. Vanguard Total Bond Market ETF has a 52-week low of $67.99 and a 52-week high of $74.24. The firm’s 50-day moving average is $71.74 and its 200 day moving average is $71.82.

Vanguard Total Bond Market ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Monday, May 6th. Stockholders of record on Thursday, May 2nd were paid a $0.2138 dividend. The ex-dividend date of this dividend was Wednesday, May 1st.

About Vanguard Total Bond Market ETF

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.