Vanguard Total Bond Market ETF (NASDAQ:BND) is AMG National Trust Bank’s 5th Largest Position

AMG National Trust Bank raised its stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 2.8% in the second quarter, Holdings Channel.com reports. The fund owned 1,399,820 shares of the company’s stock after purchasing an additional 38,499 shares during the period. Vanguard Total Bond Market ETF makes up approximately 2.7% of AMG National Trust Bank’s investment portfolio, making the stock its 5th biggest position. AMG National Trust Bank’s holdings in Vanguard Total Bond Market ETF were worth $100,857,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in the stock. Morningstar Investment Services LLC lifted its position in shares of Vanguard Total Bond Market ETF by 90.1% during the fourth quarter. Morningstar Investment Services LLC now owns 17,898,072 shares of the company’s stock worth $1,319,534,000 after purchasing an additional 8,482,025 shares in the last quarter. Vanguard Group Inc. lifted its holdings in Vanguard Total Bond Market ETF by 20.1% during the 1st quarter. Vanguard Group Inc. now owns 37,326,573 shares of the company’s stock worth $2,711,029,000 after buying an additional 6,253,040 shares in the last quarter. Texas Treasury Safekeeping Trust Co. boosted its position in Vanguard Total Bond Market ETF by 789.9% in the 4th quarter. Texas Treasury Safekeeping Trust Co. now owns 6,896,640 shares of the company’s stock valued at $507,248,000 after buying an additional 6,121,670 shares during the period. Creative Planning grew its stake in shares of Vanguard Total Bond Market ETF by 10.1% in the fourth quarter. Creative Planning now owns 61,103,613 shares of the company’s stock worth $4,494,171,000 after acquiring an additional 5,594,165 shares in the last quarter. Finally, Cetera Investment Advisers increased its position in shares of Vanguard Total Bond Market ETF by 123.9% during the first quarter. Cetera Investment Advisers now owns 4,807,301 shares of the company’s stock worth $349,154,000 after acquiring an additional 2,660,678 shares during the period.

Vanguard Total Bond Market ETF Trading Up 0.4 %

NASDAQ:BND traded up $0.33 during midday trading on Friday, reaching $74.75. The company had a trading volume of 4,291,978 shares, compared to its average volume of 6,733,933. The stock’s fifty day simple moving average is $73.12 and its 200-day simple moving average is $72.27. Vanguard Total Bond Market ETF has a 12-month low of $67.99 and a 12-month high of $74.84.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, August 5th. Shareholders of record on Thursday, August 1st were issued a dividend of $0.2239 per share. This represents a $2.69 dividend on an annualized basis and a yield of 3.59%. This is an increase from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.21. The ex-dividend date was Thursday, August 1st.

About Vanguard Total Bond Market ETF

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.