City State Bank Has $7.07 Million Stock Holdings in Vanguard Total Bond Market ETF (NASDAQ:BND)

City State Bank raised its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 4.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 98,258 shares of the company’s stock after buying an additional 3,845 shares during the period. Vanguard Total Bond Market ETF comprises about 2.5% of City State Bank’s investment portfolio, making the stock its 5th biggest position. City State Bank’s holdings in Vanguard Total Bond Market ETF were worth $7,066,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Creative Planning raised its position in Vanguard Total Bond Market ETF by 11.5% in the 2nd quarter. Creative Planning now owns 84,438,154 shares of the company’s stock worth $6,083,769,000 after purchasing an additional 8,691,058 shares during the period. Axiom Advisory LLC lifted its stake in shares of Vanguard Total Bond Market ETF by 20.7% in the 3rd quarter. Axiom Advisory LLC now owns 27,905,696 shares of the company’s stock valued at $2,065,731,000 after acquiring an additional 4,794,485 shares during the last quarter. JPMorgan Chase & Co. grew its position in Vanguard Total Bond Market ETF by 5.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 89,037,239 shares of the company’s stock worth $6,687,587,000 after acquiring an additional 4,687,550 shares during the last quarter. Franklin Resources Inc. increased its stake in Vanguard Total Bond Market ETF by 3,082.1% in the 3rd quarter. Franklin Resources Inc. now owns 3,430,390 shares of the company’s stock worth $253,060,000 after purchasing an additional 3,322,588 shares during the period. Finally, State Street Corp lifted its position in Vanguard Total Bond Market ETF by 86.9% in the third quarter. State Street Corp now owns 4,008,284 shares of the company’s stock valued at $301,062,000 after purchasing an additional 1,863,233 shares during the last quarter.

Vanguard Total Bond Market ETF Stock Down 0.1 %

Shares of Vanguard Total Bond Market ETF stock traded down $0.07 on Monday, hitting $71.17. The stock had a trading volume of 1,839,156 shares, compared to its average volume of 6,425,204. The stock’s 50-day simple moving average is $72.57 and its two-hundred day simple moving average is $73.41. Vanguard Total Bond Market ETF has a one year low of $70.37 and a one year high of $75.67.

Vanguard Total Bond Market ETF Increases Dividend

The company also recently announced a dividend, which was paid on Friday, December 27th. Stockholders 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 of this dividend was Tuesday, December 24th.

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.