Thrivent Financial for Lutherans Sells 246,149 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

Thrivent Financial for Lutherans decreased its holdings in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 88.5% in the 3rd quarter, Holdings Channel.com reports. The firm owned 31,966 shares of the company’s stock after selling 246,149 shares during the quarter. Thrivent Financial for Lutherans’ holdings in Vanguard Total Bond Market ETF were worth $2,401,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. O Shaughnessy Asset Management LLC bought a new position in shares of Vanguard Total Bond Market ETF during the 1st quarter worth approximately $198,000. Citizens Financial Group Inc. RI acquired a new position in Vanguard Total Bond Market ETF in the first quarter valued at about $542,000. Invst LLC acquired a new position in Vanguard Total Bond Market ETF in the first quarter valued at about $239,000. Cetera Investment Advisers grew its stake in Vanguard Total Bond Market ETF by 123.9% in the first quarter. Cetera Investment Advisers now owns 4,807,301 shares of the company’s stock valued at $349,154,000 after acquiring an additional 2,660,678 shares during the period. Finally, Cetera Advisors LLC lifted its holdings in shares of Vanguard Total Bond Market ETF by 39.6% in the first quarter. Cetera Advisors LLC now owns 875,721 shares of the company’s stock valued at $63,604,000 after purchasing an additional 248,422 shares in the last quarter.

Vanguard Total Bond Market ETF Stock Performance

Shares of Vanguard Total Bond Market ETF stock opened at $73.33 on Thursday. The stock’s 50-day moving average is $73.61 and its 200-day moving average is $73.30. Vanguard Total Bond Market ETF has a one year low of $70.37 and a one year high of $75.67.

Vanguard Total Bond Market ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, November 5th. Investors of record on Friday, November 1st were issued a dividend of $0.2276 per share. This represents a $2.73 annualized dividend and a yield of 3.73%. The ex-dividend date of this dividend was Friday, November 1st. This is a positive change from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.22.

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.