Grimes & Company Inc. Has $1.33 Million Holdings in Vanguard Total Bond Market ETF (NASDAQ:BND)

Grimes & Company Inc. boosted its holdings in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 5.1% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 18,466 shares of the company’s stock after acquiring an additional 903 shares during the quarter. Grimes & Company Inc.’s holdings in Vanguard Total Bond Market ETF were worth $1,328,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. SJS Investment Consulting Inc. grew its position in shares of Vanguard Total Bond Market ETF by 33.7% in the fourth quarter. SJS Investment Consulting Inc. now owns 29,790 shares of the company’s stock valued at $2,142,000 after purchasing an additional 7,515 shares during the last quarter. Geneos Wealth Management Inc. grew its position in shares of Vanguard Total Bond Market ETF by 16.6% in the fourth quarter. Geneos Wealth Management Inc. now owns 177,824 shares of the company’s stock valued at $12,787,000 after purchasing an additional 25,368 shares during the last quarter. Fifth Third Bancorp boosted its stake in shares of Vanguard Total Bond Market ETF by 9.5% in the fourth quarter. Fifth Third Bancorp now owns 109,826 shares of the company’s stock valued at $7,898,000 after buying an additional 9,539 shares during the period. Goelzer Investment Management Inc. boosted its stake in shares of Vanguard Total Bond Market ETF by 7.3% in the fourth quarter. Goelzer Investment Management Inc. now owns 17,719 shares of the company’s stock valued at $1,274,000 after buying an additional 1,203 shares during the period. Finally, Sachetta LLC boosted its stake in shares of Vanguard Total Bond Market ETF by 21.1% in the fourth quarter. Sachetta LLC now owns 2,287 shares of the company’s stock valued at $164,000 after buying an additional 398 shares during the period.

Vanguard Total Bond Market ETF Trading Up 0.2 %

Shares of BND stock opened at $72.04 on Friday. The stock has a 50 day simple moving average of $72.39 and a 200 day simple moving average of $73.38. Vanguard Total Bond Market ETF has a 1 year low of $70.37 and a 1 year high of $75.67.

Vanguard Total Bond Market ETF Increases Dividend

The business also recently declared a dividend, which was paid on Friday, December 27th. Investors of record on Tuesday, December 24th were paid a $0.2334 dividend. This is a boost from Vanguard Total Bond Market ETF’s previous dividend of $0.23. The ex-dividend date of this dividend was Tuesday, December 24th.

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.