Grimes & Company Inc. Has $1.52 Million Stake in Vanguard Total Bond Market ETF (NASDAQ:BND)

Grimes & Company Inc. cut its holdings in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 9.1% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 20,954 shares of the company’s stock after selling 2,086 shares during the quarter. Grimes & Company Inc.’s holdings in Vanguard Total Bond Market ETF were worth $1,522,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in BND. Whittier Trust Co. of Nevada Inc. grew its position in shares of Vanguard Total Bond Market ETF by 90.3% in the fourth 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 boosted its stake in shares of Vanguard Total Bond Market ETF by 3,300.0% in the third quarter. VitalStone Financial LLC now owns 408 shares of the company’s stock valued at $28,000 after buying an additional 396 shares during the period. Lee Financial Co bought a new stake in shares of Vanguard Total Bond Market ETF in the fourth quarter valued at approximately $31,000. ORG Partners LLC acquired a new stake in Vanguard Total Bond Market ETF during the fourth quarter worth approximately $42,000. Finally, Heritage Wealth Advisors bought a new position in Vanguard Total Bond Market ETF during the 4th quarter worth $42,000.

Vanguard Total Bond Market ETF Stock Down 0.5 %

BND stock opened at $72.05 on Friday. The business has a 50-day simple moving average of $71.73 and a 200 day simple moving average of $72.24. 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 announced a dividend, which was paid on Wednesday, June 5th. Shareholders of record on Monday, June 3rd were paid a dividend of $0.219 per share. The ex-dividend date was Monday, June 3rd. This is a boost from Vanguard Total Bond Market ETF’s previous dividend of $0.21.

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.