Oakworth Capital Inc. Acquires Shares of 1,490,218 Vanguard Total Bond Market ETF (NASDAQ:BND)

Oakworth Capital Inc. acquired a new stake in Vanguard Total Bond Market ETF (NASDAQ:BND) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 1,490,218 shares of the company’s stock, valued at approximately $109,606,000. Vanguard Total Bond Market ETF comprises approximately 8.8% of Oakworth Capital Inc.’s holdings, making the stock its 3rd largest position. Oakworth Capital Inc. owned approximately 0.10% of Vanguard Total Bond Market ETF at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in BND. Milestone Investment Advisors LLC raised its stake in Vanguard Total Bond Market ETF by 505.3% during the first quarter. Milestone Investment Advisors LLC now owns 345 shares of the company’s stock worth $25,000 after acquiring an additional 288 shares during the period. Whittier Trust Co. of Nevada Inc. increased its stake in shares of Vanguard Total Bond Market ETF by 90.3% in the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 371 shares of the company’s stock valued at $27,000 after purchasing an additional 176 shares during the period. VitalStone Financial LLC increased its stake in shares of Vanguard Total Bond Market ETF by 3,300.0% in the third quarter. VitalStone Financial LLC now owns 408 shares of the company’s stock valued at $28,000 after purchasing an additional 396 shares during the period. Steph & Co. acquired a new stake in shares of Vanguard Total Bond Market ETF in the third quarter valued at approximately $33,000. Finally, Turim 21 Investimentos Ltda. acquired a new stake in shares of Vanguard Total Bond Market ETF in the first quarter valued at approximately $36,000.

Vanguard Total Bond Market ETF Price Performance

Shares of NASDAQ:BND traded up $0.32 during trading hours on Wednesday, hitting $70.87. The stock had a trading volume of 5,704,059 shares, compared to its average volume of 8,144,656. The stock’s fifty day simple moving average is $72.10 and its 200 day simple moving average is $71.61. Vanguard Total Bond Market ETF has a 1-year low of $67.99 and a 1-year high of $74.38.

Vanguard Total Bond Market ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, April 4th. Stockholders of record on Tuesday, April 2nd were issued a $0.2163 dividend. The ex-dividend date was Monday, April 1st. This is a boost from Vanguard Total Bond Market ETF’s previous dividend of $0.20.

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.