Grove Bank & Trust Purchases 20,563 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

Grove Bank & Trust grew its holdings in Vanguard Total Bond Market ETF (NASDAQ:BND) by 29.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 89,621 shares of the company’s stock after purchasing an additional 20,563 shares during the quarter. Vanguard Total Bond Market ETF comprises about 0.9% of Grove Bank & Trust’s portfolio, making the stock its 26th biggest position. Grove Bank & Trust’s holdings in Vanguard Total Bond Market ETF were worth $6,445,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Christopher J. Hasenberg Inc acquired a new stake in Vanguard Total Bond Market ETF in the fourth quarter valued at approximately $31,000. Future Financial Wealth Managment LLC acquired a new stake in Vanguard Total Bond Market ETF in the 3rd quarter valued at $46,000. Northwest Investment Counselors LLC bought a new stake in Vanguard Total Bond Market ETF during the 3rd quarter valued at $46,000. Abich Financial Wealth Management LLC raised its holdings in Vanguard Total Bond Market ETF by 289.9% during the second quarter. Abich Financial Wealth Management LLC now owns 620 shares of the company’s stock worth $45,000 after buying an additional 461 shares during the last quarter. Finally, Strategic Investment Solutions Inc. IL bought a new position in shares of Vanguard Total Bond Market ETF in the second quarter valued at $46,000.

Vanguard Total Bond Market ETF Trading Up 0.0 %

Shares of NASDAQ BND opened at $71.95 on Friday. Vanguard Total Bond Market ETF has a 1 year low of $70.37 and a 1 year high of $75.67. The company has a 50-day moving average price of $72.45 and a 200-day moving average price of $73.38.

Vanguard Total Bond Market ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, December 27th. Shareholders of record on Tuesday, December 24th were issued a dividend of $0.2334 per share. This is a positive change from Vanguard Total Bond Market ETF’s previous dividend of $0.23. The ex-dividend date was Tuesday, December 24th.

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.