First PREMIER Bank Has $2.59 Million Stock Holdings in Vanguard Total Bond Market ETF (NASDAQ:BND)

First PREMIER Bank lifted its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 7.6% in the fourth quarter, HoldingsChannel reports. The firm owned 36,069 shares of the company’s stock after purchasing an additional 2,553 shares during the period. First PREMIER Bank’s holdings in Vanguard Total Bond Market ETF were worth $2,593,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Christopher J. Hasenberg Inc purchased a new stake in shares of Vanguard Total Bond Market ETF in the fourth quarter valued at $31,000. Abich Financial Wealth Management LLC increased its holdings in shares of Vanguard Total Bond Market ETF by 289.9% in the 2nd quarter. Abich Financial Wealth Management LLC now owns 620 shares of the company’s stock valued at $45,000 after purchasing an additional 461 shares during the period. Strategic Investment Solutions Inc. IL purchased a new stake in shares of Vanguard Total Bond Market ETF in the second quarter worth approximately $46,000. Future Financial Wealth Managment LLC purchased a new position in Vanguard Total Bond Market ETF during the third quarter valued at approximately $46,000. Finally, Northwest Investment Counselors LLC purchased a new stake in Vanguard Total Bond Market ETF in the 3rd quarter worth approximately $46,000.

Vanguard Total Bond Market ETF Stock Performance

Shares of NASDAQ BND opened at $72.01 on Thursday. Vanguard Total Bond Market ETF has a one year low of $70.37 and a one year high of $75.67. The business’s 50-day moving average price is $72.42 and its two-hundred day moving average price is $73.40.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently declared 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. The ex-dividend date of this dividend was Tuesday, December 24th. This is an increase from Vanguard Total Bond Market ETF’s previous dividend of $0.23.

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.