Oakworth Capital Inc. Takes $109.61 Million Position in Vanguard Total Bond Market ETF (NASDAQ:BND)

Oakworth Capital Inc. bought a new stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) during the 4th quarter, HoldingsChannel.com reports. The firm bought 1,490,218 shares of the company’s stock, valued at approximately $109,606,000. Vanguard Total Bond Market ETF comprises approximately 8.8% of Oakworth Capital Inc.’s portfolio, making the stock its 3rd largest holding.

Other institutional investors have also made changes to their positions in the company. Milestone Investment Advisors LLC lifted its holdings in Vanguard Total Bond Market ETF by 505.3% during the 1st quarter. Milestone Investment Advisors LLC now owns 345 shares of the company’s stock valued at $25,000 after purchasing an additional 288 shares during the last quarter. Whittier Trust Co. of Nevada Inc. lifted its holdings in Vanguard Total Bond Market ETF by 90.3% during the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 371 shares of the company’s stock valued at $27,000 after purchasing an additional 176 shares during the last quarter. VitalStone Financial LLC lifted its holdings in Vanguard Total Bond Market ETF by 3,300.0% during the 3rd quarter. VitalStone Financial LLC now owns 408 shares of the company’s stock valued at $28,000 after purchasing an additional 396 shares during the last quarter. Northern Trust Corp raised its stake in shares of Vanguard Total Bond Market ETF by 9.1% in the first quarter. Northern Trust Corp now owns 37,414 shares of the company’s stock worth $30,000 after acquiring an additional 3,132 shares during the last quarter. Finally, Steph & Co. bought a new position in shares of Vanguard Total Bond Market ETF in the third quarter worth about $33,000.

Vanguard Total Bond Market ETF Trading Up 0.5 %

Shares of NASDAQ BND traded up $0.32 during trading on Wednesday, reaching $70.87. The company had a trading volume of 5,704,059 shares, compared to its average volume of 8,144,656. Vanguard Total Bond Market ETF has a 52 week low of $67.99 and a 52 week high of $74.38. The business’s 50 day moving average price is $72.10 and its 200-day moving average price is $71.61.

Vanguard Total Bond Market ETF Increases Dividend

The business also recently announced a dividend, which was paid on Thursday, April 4th. Shareholders of record on Tuesday, April 2nd were paid a $0.2163 dividend. The ex-dividend date was Monday, April 1st. This is an increase from Vanguard Total Bond Market ETF’s previous dividend of $0.20.

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.