First American Trust FSB Purchases Shares of 16,902 Vanguard Total Bond Market ETF $BND

First American Trust FSB purchased a new stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) in the 4th quarter, Holdings Channel.com reports. The firm purchased 16,902 shares of the company’s stock, valued at approximately $1,252,000.

Several other institutional investors have also added to or reduced their stakes in BND. JPMorgan Chase & Co. lifted its stake in shares of Vanguard Total Bond Market ETF by 6.3% in the 4th quarter. JPMorgan Chase & Co. now owns 139,629,587 shares of the company’s stock valued at $10,342,364,000 after purchasing an additional 8,283,073 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in shares of Vanguard Total Bond Market ETF by 3.4% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 130,902,798 shares of the company’s stock valued at $9,695,970,000 after purchasing an additional 4,285,563 shares during the last quarter. Creative Planning lifted its stake in shares of Vanguard Total Bond Market ETF by 8.7% in the 3rd quarter. Creative Planning now owns 124,942,968 shares of the company’s stock valued at $9,292,008,000 after purchasing an additional 10,046,828 shares during the last quarter. Vanguard Group Inc. lifted its stake in shares of Vanguard Total Bond Market ETF by 9.7% in the 4th quarter. Vanguard Group Inc. now owns 78,903,250 shares of the company’s stock valued at $5,844,363,000 after purchasing an additional 6,989,480 shares during the last quarter. Finally, Bank of America Corp DE lifted its stake in shares of Vanguard Total Bond Market ETF by 25.7% in the 3rd quarter. Bank of America Corp DE now owns 22,912,695 shares of the company’s stock valued at $1,704,017,000 after purchasing an additional 4,686,304 shares during the last quarter.

Vanguard Total Bond Market ETF Stock Down 0.1%

NASDAQ:BND opened at $72.91 on Thursday. Vanguard Total Bond Market ETF has a 1 year low of $72.34 and a 1 year high of $75.23. The business has a 50 day simple moving average of $73.38 and a 200-day simple moving average of $73.94.

Vanguard Total Bond Market ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, June 3rd. Investors of record on Monday, June 1st were paid a dividend of $0.2473 per share. The ex-dividend date of this dividend was Monday, June 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%.

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.