Dorsey & Whitney Trust CO LLC Purchases 43,378 Shares of Vanguard Total Bond Market ETF $BND

Dorsey & Whitney Trust CO LLC boosted its position in Vanguard Total Bond Market ETF (NASDAQ:BND) by 522.2% in the 4th quarter, Holdings Channel reports. The firm owned 51,685 shares of the company’s stock after buying an additional 43,378 shares during the quarter. Dorsey & Whitney Trust CO LLC’s holdings in Vanguard Total Bond Market ETF were worth $3,828,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the company. USAdvisors Wealth Management LLC lifted its stake in Vanguard Total Bond Market ETF by 2.3% in the fourth quarter. USAdvisors Wealth Management LLC now owns 6,384 shares of the company’s stock worth $472,000 after purchasing an additional 141 shares during the last quarter. Centurion Wealth Management LLC lifted its stake in Vanguard Total Bond Market ETF by 0.9% in the fourth quarter. Centurion Wealth Management LLC now owns 15,880 shares of the company’s stock worth $1,176,000 after purchasing an additional 146 shares during the last quarter. Novak & Powell Financial Services Inc. lifted its stake in Vanguard Total Bond Market ETF by 1.0% in the fourth quarter. Novak & Powell Financial Services Inc. now owns 14,360 shares of the company’s stock worth $1,064,000 after purchasing an additional 149 shares during the last quarter. Cornerstone Management Inc. lifted its stake in Vanguard Total Bond Market ETF by 3.6% in the fourth quarter. Cornerstone Management Inc. now owns 4,374 shares of the company’s stock worth $324,000 after purchasing an additional 152 shares during the last quarter. Finally, Evoke Wealth LLC lifted its stake in Vanguard Total Bond Market ETF by 0.7% in the fourth quarter. Evoke Wealth LLC now owns 21,983 shares of the company’s stock worth $1,628,000 after purchasing an additional 152 shares during the last quarter.

Vanguard Total Bond Market ETF Price Performance

Shares of NASDAQ BND opened at $72.91 on Thursday. Vanguard Total Bond Market ETF has a 1 year low of $72.34 and a 1 year high of $75.23. The firm has a 50-day simple moving average of $73.38 and a two-hundred day simple moving average of $73.94.

Vanguard Total Bond Market ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, June 3rd. Shareholders of record on Monday, June 1st were paid a $0.2473 dividend. The ex-dividend date of this dividend was Monday, June 1st. This represents a c) annualized dividend and a yield of 4.1%.

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.