Allspring Global Investments Holdings LLC Sells 85,978 Shares of Vanguard Total Bond Market ETF $BND

Allspring Global Investments Holdings LLC reduced its position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 23.9% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 274,461 shares of the company’s stock after selling 85,978 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in Vanguard Total Bond Market ETF were worth $20,211,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Hilton Head Capital Partners LLC acquired a new position in shares of Vanguard Total Bond Market ETF in the fourth quarter valued at $26,000. Wilkerson Advisory Group LLC bought a new stake in shares of Vanguard Total Bond Market ETF during the 4th quarter worth about $26,000. CKW Financial Group bought a new stake in shares of Vanguard Total Bond Market ETF during the 4th quarter worth about $28,000. Whittier Trust Co. of Nevada Inc. grew its stake in Vanguard Total Bond Market ETF by 159.7% in the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 387 shares of the company’s stock valued at $28,000 after buying an additional 238 shares during the last quarter. Finally, Kelleher Financial Advisors acquired a new position in Vanguard Total Bond Market ETF in the 3rd quarter valued at about $32,000.

Vanguard Total Bond Market ETF Price Performance

NASDAQ:BND opened at $72.68 on Tuesday. The stock has a 50 day simple moving average of $73.08 and a 200 day simple moving average of $73.70. Vanguard Total Bond Market ETF has a 1-year low of $72.34 and a 1-year high of $75.23.

Vanguard Total Bond Market ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, July 6th. Shareholders of record on Wednesday, July 1st were issued a $0.2445 dividend. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a c) dividend on an annualized basis and a yield of 4.0%.

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.