Northwest Bank & Trust Co Makes New $356,000 Investment in Vanguard Total Bond Market ETF (NASDAQ:BND)

Northwest Bank & Trust Co acquired a new position in Vanguard Total Bond Market ETF (NASDAQ:BND) during the fourth quarter, HoldingsChannel reports. The institutional investor acquired 4,839 shares of the company’s stock, valued at approximately $356,000.

A number of other large investors have also added to or reduced their stakes in BND. Greenleaf Trust bought a new position in shares of Vanguard Total Bond Market ETF during the 3rd quarter valued at approximately $268,000. Deutsche Bank AG increased its position in shares of Vanguard Total Bond Market ETF by 19.5% during the 3rd quarter. Deutsche Bank AG now owns 36,378 shares of the company’s stock valued at $2,538,000 after purchasing an additional 5,942 shares during the last quarter. Kestra Advisory Services LLC boosted its holdings in Vanguard Total Bond Market ETF by 18.0% during the 3rd quarter. Kestra Advisory Services LLC now owns 202,414 shares of the company’s stock valued at $14,124,000 after acquiring an additional 30,873 shares during the period. WCG Wealth Advisors LLC boosted its holdings in Vanguard Total Bond Market ETF by 11.2% during the 3rd quarter. WCG Wealth Advisors LLC now owns 12,401 shares of the company’s stock valued at $865,000 after acquiring an additional 1,246 shares during the period. Finally, Envestnet Portfolio Solutions Inc. purchased a new position in Vanguard Total Bond Market ETF during the 3rd quarter valued at $139,078,000.

Vanguard Total Bond Market ETF Price Performance

BND traded up $0.11 during trading hours on Friday, reaching $72.66. 3,526,987 shares of the company’s stock traded hands, compared to its average volume of 7,035,859. The firm has a 50-day moving average price of $71.44 and a 200 day moving average price of $72.19. Vanguard Total Bond Market ETF has a 52-week low of $67.99 and a 52-week high of $73.92.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, June 5th. Investors of record on Monday, June 3rd were issued a dividend of $0.219 per share. The ex-dividend date of this dividend was Monday, June 3rd. This is a boost from Vanguard Total Bond Market ETF’s previous dividend of $0.21.

Vanguard Total Bond Market ETF Company 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.