Pitti Group Wealth Management LLC Cuts Holdings in Vanguard Total Bond Market ETF (NASDAQ:BND)

Pitti Group Wealth Management LLC decreased its position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 4.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,580 shares of the company’s stock after selling 166 shares during the period. Pitti Group Wealth Management LLC’s holdings in Vanguard Total Bond Market ETF were worth $263,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in BND. Whittier Trust Co. of Nevada Inc. grew its position in Vanguard Total Bond Market ETF by 90.3% in the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 371 shares of the company’s stock worth $27,000 after acquiring an additional 176 shares in the last quarter. VitalStone Financial LLC grew its position in Vanguard Total Bond Market ETF by 3,300.0% in the third quarter. VitalStone Financial LLC now owns 408 shares of the company’s stock worth $28,000 after acquiring an additional 396 shares in the last quarter. Steph & Co. purchased a new position in shares of Vanguard Total Bond Market ETF during the third quarter valued at approximately $33,000. Your Advocates Ltd. LLP purchased a new position in shares of Vanguard Total Bond Market ETF during the third quarter valued at approximately $34,000. Finally, Union Savings Bank boosted its position in shares of Vanguard Total Bond Market ETF by 218.8% during the third quarter. Union Savings Bank now owns 510 shares of the company’s stock valued at $36,000 after buying an additional 350 shares during the period.

Vanguard Total Bond Market ETF Stock Up 0.2 %

Shares of NASDAQ:BND traded up $0.16 during trading hours on Friday, hitting $70.73. 4,256,567 shares of the company’s stock traded hands, compared to its average volume of 7,959,856. Vanguard Total Bond Market ETF has a 1 year low of $67.99 and a 1 year high of $74.38. The business has a fifty day moving average price of $71.87 and a 200-day moving average price of $71.69.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, April 4th. Shareholders of record on Tuesday, April 2nd were given a dividend of $0.2163 per share. The ex-dividend date was Monday, April 1st. This is a positive change from Vanguard Total Bond Market ETF’s previous dividend of $0.20.

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.