Vanguard Total Bond Market ETF $BND Shares Bought by Associated Banc Corp

Associated Banc Corp raised its position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 13.8% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 210,383 shares of the company’s stock after buying an additional 25,539 shares during the period. Associated Banc Corp’s holdings in Vanguard Total Bond Market ETF were worth $15,493,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of BND. DiPaolo Financial Group Inc. purchased a new position in Vanguard Total Bond Market ETF in the fourth quarter valued at $1,506,000. Armstrong Advisory Group Inc. raised its position in Vanguard Total Bond Market ETF by 3.8% in the 4th quarter. Armstrong Advisory Group Inc. now owns 1,259,561 shares of the company’s stock valued at $93,296,000 after purchasing an additional 46,340 shares in the last quarter. Flower City Capital purchased a new position in shares of Vanguard Total Bond Market ETF in the 4th quarter valued at about $690,000. Vestment Financial LLC purchased a new position in shares of Vanguard Total Bond Market ETF in the 4th quarter valued at about $1,168,000. Finally, Five Pine Wealth Management grew its position in shares of Vanguard Total Bond Market ETF by 5.0% during the fourth quarter. Five Pine Wealth Management now owns 310,491 shares of the company’s stock worth $22,998,000 after buying an additional 14,798 shares in the last quarter.

Vanguard Total Bond Market ETF Stock Down 0.1%

Shares of BND stock traded down $0.06 during trading hours on Friday, reaching $72.77. 7,170,406 shares of the stock were exchanged, compared to its average volume of 8,976,262. The business’s fifty day moving average is $73.16 and its two-hundred day moving average is $73.76. Vanguard Total Bond Market ETF has a 12-month low of $72.34 and a 12-month high of $75.23.

Vanguard Total Bond Market ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, July 6th. Shareholders of record on Wednesday, July 1st were given 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 dividend yield of 4.0%.

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.