Lenox Wealth Management Inc. Decreases Holdings in Vanguard Total Bond Market ETF (BND)

Lenox Wealth Management Inc. lessened its holdings in Vanguard Total Bond Market ETF (NYSEARCA:BND) by 26.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 24,029 shares of the company’s stock after selling 8,565 shares during the quarter. Lenox Wealth Management Inc.’s holdings in Vanguard Total Bond Market ETF were worth $1,903,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in BND. Guidant Wealth Advisors bought a new stake in Vanguard Total Bond Market ETF in the fourth quarter valued at $47,000. Csenge Advisory Group bought a new stake in Vanguard Total Bond Market ETF in the third quarter valued at $50,000. Advocacy Wealth Management Services LLC bought a new stake in Vanguard Total Bond Market ETF in the fourth quarter valued at $63,000. Almanack Investment Partners LLC. bought a new stake in Vanguard Total Bond Market ETF in the third quarter valued at $100,000. Finally, Financial Enhancement Group LLC lifted its stake in Vanguard Total Bond Market ETF by 11.4% in the third quarter. Financial Enhancement Group LLC now owns 1,364 shares of the company’s stock valued at $107,000 after buying an additional 140 shares during the last quarter.

BND stock traded up $0.09 during mid-day trading on Wednesday, reaching $79.38. The company had a trading volume of 83,188 shares, compared to its average volume of 3,074,203. Vanguard Total Bond Market ETF has a one year low of $77.46 and a one year high of $80.96.

The business also recently announced a monthly dividend, which was paid on Friday, December 28th. Shareholders of record on Wednesday, December 26th were paid a $0.198 dividend. This represents a $2.38 dividend on an annualized basis and a yield of 2.99%. This is a boost from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.19. The ex-dividend date was Monday, December 24th.

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About Vanguard Total Bond Market ETF

Vanguard Total Bond Market ETF (the Fund) seeks to track the performance of a market-weighted bond index. The Fund employs a passive management or indexing investment approach designed to track the performance of the Barclays Capital U.S. Aggregate Bond Index (the Index). The Index measures a spectrum of public, investment-grade, taxable, fixed-income securities in the United States, including government, corporate and international dollar-denominated bonds, as well as mortgage-backed and asset-backed securities, all with maturities of more than one year.

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Institutional Ownership by Quarter for Vanguard Total Bond Market ETF (NYSEARCA:BND)

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