Vanguard Total Bond Market ETF $BND Shares Purchased by Horizon Bancorp Inc. IN

Horizon Bancorp Inc. IN grew its holdings in Vanguard Total Bond Market ETF (NASDAQ:BND) by 5.3% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 624,975 shares of the company’s stock after purchasing an additional 31,614 shares during the period. Vanguard Total Bond Market ETF comprises approximately 22.1% of Horizon Bancorp Inc. IN’s investment portfolio, making the stock its biggest holding. Horizon Bancorp Inc. IN’s holdings in Vanguard Total Bond Market ETF were worth $46,023,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. DiPaolo Financial Group Inc. acquired a new stake in Vanguard Total Bond Market ETF in the 4th quarter valued at about $1,506,000. BlueStem Wealth Partners LLC grew its stake in shares of Vanguard Total Bond Market ETF by 6.1% in the third quarter. BlueStem Wealth Partners LLC now owns 261,254 shares of the company’s stock valued at $19,429,000 after acquiring an additional 14,988 shares in the last quarter. Bright Futures Wealth Management LLC. acquired a new stake in Vanguard Total Bond Market ETF in the 3rd quarter worth about $524,000. Armstrong Advisory Group Inc. raised its position in shares of Vanguard Total Bond Market ETF by 3.8% in the fourth quarter. Armstrong Advisory Group Inc. now owns 1,259,561 shares of the company’s stock valued at $93,296,000 after buying an additional 46,340 shares in the last quarter. Finally, Five Pine Wealth Management lifted its position in shares of Vanguard Total Bond Market ETF by 5.0% during the 4th quarter. Five Pine Wealth Management now owns 310,491 shares of the company’s stock valued at $22,998,000 after acquiring an additional 14,798 shares during the period.

Vanguard Total Bond Market ETF Stock Performance

Shares of BND opened at $73.67 on Friday. Vanguard Total Bond Market ETF has a one year low of $72.34 and a one year high of $75.23. The firm has a 50 day simple moving average of $73.31 and a two-hundred day simple moving average of $73.84.

Vanguard Total Bond Market ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, June 3rd. Shareholders of record on Monday, June 1st were given a $0.2473 dividend. This represents a c) dividend on an annualized basis and a yield of 4.0%. The ex-dividend date was Monday, June 1st.

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.