Vanguard Total Bond Market ETF (NASDAQ:BND) is City State Bank’s 5th Largest Position

City State Bank increased its position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 4.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 98,258 shares of the company’s stock after purchasing an additional 3,845 shares during the quarter. Vanguard Total Bond Market ETF makes up about 2.5% of City State Bank’s holdings, making the stock its 5th biggest position. City State Bank’s holdings in Vanguard Total Bond Market ETF were worth $7,066,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Abich Financial Wealth Management LLC increased its stake in shares of Vanguard Total Bond Market ETF by 289.9% during the 2nd quarter. Abich Financial Wealth Management LLC now owns 620 shares of the company’s stock worth $45,000 after purchasing an additional 461 shares during the last quarter. Strategic Investment Solutions Inc. IL purchased a new position in shares of Vanguard Total Bond Market ETF during the 2nd quarter valued at $46,000. Future Financial Wealth Managment LLC bought a new stake in Vanguard Total Bond Market ETF in the 3rd quarter valued at about $46,000. Northwest Investment Counselors LLC purchased a new position in shares of Vanguard Total Bond Market ETF in the third quarter worth about $46,000. Finally, Truvestments Capital LLC bought a new stake in shares of Vanguard Total Bond Market ETF in the third quarter valued at approximately $51,000.

Vanguard Total Bond Market ETF Stock Down 0.1 %

Vanguard Total Bond Market ETF stock traded down $0.07 during mid-day trading on Monday, reaching $71.17. The company’s stock had a trading volume of 1,839,156 shares, compared to its average volume of 6,425,204. The firm’s fifty day moving average price is $72.57 and its two-hundred day moving average price is $73.41. Vanguard Total Bond Market ETF has a 12-month low of $70.37 and a 12-month high of $75.67.

Vanguard Total Bond Market ETF Increases Dividend

The business also recently declared a dividend, which was paid on Friday, December 27th. Stockholders of record on Tuesday, December 24th were given a dividend of $0.2334 per share. The ex-dividend date was Tuesday, December 24th. This is a boost from Vanguard Total Bond Market ETF’s previous dividend of $0.23.

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.