Valley Financial Group Inc. Sells 940 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

Valley Financial Group Inc. trimmed its holdings in Vanguard Total Bond Market ETF (NASDAQ:BND) by 20.4% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,658 shares of the company’s stock after selling 940 shares during the period. Valley Financial Group Inc.’s holdings in Vanguard Total Bond Market ETF were worth $275,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in the business. Anfield Capital Management LLC raised its position in Vanguard Total Bond Market ETF by 4,650.0% in the 2nd quarter. Anfield Capital Management LLC now owns 475 shares of the company’s stock valued at $34,000 after buying an additional 465 shares during the last quarter. CVA Family Office LLC grew its stake in shares of Vanguard Total Bond Market ETF by 443.3% in the 2nd quarter. CVA Family Office LLC now owns 489 shares of the company’s stock worth $35,000 after acquiring an additional 399 shares in the last quarter. Ridgewood Investments LLC purchased a new stake in shares of Vanguard Total Bond Market ETF in the second quarter valued at about $38,000. Family Asset Management LLC bought a new position in shares of Vanguard Total Bond Market ETF during the second quarter valued at about $40,000. Finally, American National Bank purchased a new position in Vanguard Total Bond Market ETF during the second quarter worth about $44,000.

Vanguard Total Bond Market ETF Stock Up 0.4 %

Shares of BND stock opened at $73.60 on Friday. Vanguard Total Bond Market ETF has a 52-week low of $70.37 and a 52-week high of $75.67. The company has a 50-day simple moving average of $73.54 and a two-hundred day simple moving average of $73.33.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, November 5th. Investors of record on Friday, November 1st were given a dividend of $0.2276 per share. This represents a $2.73 dividend on an annualized basis and a dividend yield of 3.71%. This is an increase from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.22. The ex-dividend date of this dividend was Friday, November 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.