HTLF Bank Invests $12.39 Million in Vanguard Total Bond Market ETF (NASDAQ:BND)

HTLF Bank bought a new position in Vanguard Total Bond Market ETF (NASDAQ:BND) during the 4th quarter, Holdings Channel reports. The fund bought 168,385 shares of the company’s stock, valued at approximately $12,385,000. Vanguard Total Bond Market ETF accounts for about 1.5% of HTLF Bank’s portfolio, making the stock its 16th biggest holding.

Several other large investors have also recently made changes to their positions in BND. Milestone Investment Advisors LLC increased its stake in Vanguard Total Bond Market ETF by 505.3% during the first quarter. Milestone Investment Advisors LLC now owns 345 shares of the company’s stock worth $25,000 after acquiring an additional 288 shares during the last quarter. Whittier Trust Co. of Nevada Inc. boosted its position in shares of Vanguard Total Bond Market ETF by 90.3% during the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 371 shares of the company’s stock valued at $27,000 after buying an additional 176 shares during the period. VitalStone Financial LLC boosted its position in shares of Vanguard Total Bond Market ETF by 3,300.0% during 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. Northern Trust Corp boosted its position in shares of Vanguard Total Bond Market ETF by 9.1% during the first quarter. Northern Trust Corp now owns 37,414 shares of the company’s stock valued at $30,000 after buying an additional 3,132 shares during the period. Finally, Steph & Co. purchased a new position in shares of Vanguard Total Bond Market ETF during the third quarter valued at approximately $33,000.

Vanguard Total Bond Market ETF Stock Up 0.2 %

Shares of NASDAQ:BND traded up $0.11 during trading hours on Friday, hitting $70.81. 3,919,679 shares of the company’s stock traded hands, compared to its average volume of 8,076,628. Vanguard Total Bond Market ETF has a 1 year low of $67.99 and a 1 year high of $74.38. The business has a fifty day moving average price of $72.03 and a 200-day moving average price of $71.60.

Vanguard Total Bond Market ETF Increases Dividend

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

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.