Grimes & Company Inc. Acquires 903 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

Grimes & Company Inc. boosted its holdings in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 5.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 18,466 shares of the company’s stock after acquiring an additional 903 shares during the period. Grimes & Company Inc.’s holdings in Vanguard Total Bond Market ETF were worth $1,328,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in BND. Christopher J. Hasenberg Inc bought a new stake in shares of Vanguard Total Bond Market ETF in the fourth quarter valued at about $31,000. Sound Income Strategies LLC lifted its holdings in shares of Vanguard Total Bond Market ETF by 44.1% in the fourth quarter. Sound Income Strategies LLC now owns 477 shares of the company’s stock valued at $34,000 after purchasing an additional 146 shares in the last quarter. Future Financial Wealth Managment LLC bought a new stake in shares of Vanguard Total Bond Market ETF in the third quarter valued at about $46,000. Northwest Investment Counselors LLC bought a new stake in shares of Vanguard Total Bond Market ETF in the third quarter valued at about $46,000. Finally, Strategic Investment Solutions Inc. IL bought a new stake in shares of Vanguard Total Bond Market ETF in the second quarter valued at about $46,000.

Vanguard Total Bond Market ETF Stock Performance

Shares of Vanguard Total Bond Market ETF stock opened at $72.04 on Friday. The stock’s 50-day moving average is $72.39 and its 200-day moving average is $73.38. 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 dividend, which was paid on Friday, December 27th. Investors of record on Tuesday, December 24th were issued a dividend of $0.2334 per share. The ex-dividend date was Tuesday, December 24th. This is a positive change 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.