First Business Financial Services Inc. boosted its holdings in Vanguard Total Bond Market ETF (NYSEARCA:BND) by 3.0% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 301,093 shares of the company’s stock after purchasing an additional 8,753 shares during the quarter. Vanguard Total Bond Market ETF accounts for about 4.5% of First Business Financial Services Inc.’s portfolio, making the stock its 6th largest holding. First Business Financial Services Inc.’s holdings in Vanguard Total Bond Market ETF were worth $24,560,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Parkside Financial Bank & Trust raised its position in shares of Vanguard Total Bond Market ETF by 76.3% in the 4th quarter. Parkside Financial Bank & Trust now owns 2,102 shares of the company’s stock valued at $171,000 after buying an additional 910 shares in the last quarter. Fieldpoint Private Securities LLC acquired a new position in shares of Vanguard Total Bond Market ETF in the 3rd quarter valued at approximately $173,000. Arlington Partners LLC acquired a new position in shares of Vanguard Total Bond Market ETF in the 4th quarter valued at approximately $194,000. Aveo Capital Partners LLC acquired a new position in shares of Vanguard Total Bond Market ETF in the 3rd quarter valued at approximately $224,000. Finally, Northwest Capital Management Inc acquired a new position in shares of Vanguard Total Bond Market ETF in the 4th quarter valued at approximately $245,000.

Vanguard Total Bond Market ETF (BND) opened at $79.57 on Friday. Vanguard Total Bond Market ETF has a 12-month low of $79.55 and a 12-month high of $82.71.

The business also recently disclosed a monthly dividend, which was paid on Tuesday, February 6th. Investors of record on Friday, February 2nd were given a dividend of $0.1766 per share. This represents a $2.12 dividend on an annualized basis and a yield of 2.66%. This is a boost from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.17. The ex-dividend date was Thursday, February 1st.

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Vanguard Total Bond Market ETF Profile

Vanguard Total Bond Market ETF (the Fund) seeks to track the performance of a market-weighted bond index. The Fund employs a passive management or indexing investment approach designed to track the performance of the Barclays Capital U.S. Aggregate Bond Index (the Index). The Index measures a spectrum of public, investment-grade, taxable, fixed-income securities in the United States, including government, corporate and international dollar-denominated bonds, as well as mortgage-backed and asset-backed securities, all with maturities of more than one year.

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Institutional Ownership by Quarter for Vanguard Total Bond Market ETF (NYSEARCA:BND)

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