Sterling Investment Management LLC Sells 1,529 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

Sterling Investment Management LLC lowered its holdings in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 1.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 100,344 shares of the company’s stock after selling 1,529 shares during the period. Vanguard Total Bond Market ETF comprises 5.7% of Sterling Investment Management LLC’s portfolio, making the stock its 4th largest holding. Sterling Investment Management LLC’s holdings in Vanguard Total Bond Market ETF were worth $7,537,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Marquette Asset Management LLC acquired a new stake in shares of Vanguard Total Bond Market ETF during the first quarter valued at $30,000. Anfield Capital Management LLC lifted its holdings 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 purchasing an additional 465 shares in the last quarter. CVA Family Office LLC boosted its stake in shares of Vanguard Total Bond Market ETF by 443.3% during the 2nd quarter. CVA Family Office LLC now owns 489 shares of the company’s stock worth $35,000 after purchasing an additional 399 shares during the last quarter. Ridgewood Investments LLC purchased a new stake in shares of Vanguard Total Bond Market ETF during the second quarter worth about $38,000. Finally, Family Asset Management LLC acquired a new position in shares of Vanguard Total Bond Market ETF in the second quarter valued at approximately $40,000.

Vanguard Total Bond Market ETF Price Performance

Shares of BND opened at $73.84 on Monday. Vanguard Total Bond Market ETF has a 1 year low of $67.99 and a 1 year high of $75.67. The company’s 50 day simple moving average is $74.66 and its 200 day simple moving average is $72.97.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, September 5th. Shareholders of record on Tuesday, September 3rd were issued a $0.2255 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd. This is an increase from Vanguard Total Bond Market ETF’s previous dividend of $0.22.

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.