First PREMIER Bank Has $41.60 Million Position in Vanguard Total Bond Market ETF $BND

First PREMIER Bank grew its stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 1,166.9% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 566,747 shares of the company’s stock after purchasing an additional 522,012 shares during the quarter. Vanguard Total Bond Market ETF comprises about 6.1% of First PREMIER Bank’s portfolio, making the stock its 3rd biggest holding. First PREMIER Bank’s holdings in Vanguard Total Bond Market ETF were worth $41,605,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Brighton Jones LLC increased its stake in shares of Vanguard Total Bond Market ETF by 99.6% during the 4th quarter. Brighton Jones LLC now owns 37,423 shares of the company’s stock worth $2,691,000 after purchasing an additional 18,677 shares during the last quarter. Revolve Wealth Partners LLC lifted its stake in Vanguard Total Bond Market ETF by 19.1% in the 4th quarter. Revolve Wealth Partners LLC now owns 3,298 shares of the company’s stock valued at $237,000 after purchasing an additional 530 shares during the last quarter. Amundi lifted its stake in Vanguard Total Bond Market ETF by 54.6% in the 2nd quarter. Amundi now owns 53,192 shares of the company’s stock valued at $3,897,000 after purchasing an additional 18,792 shares during the last quarter. State Street Corp grew its holdings in Vanguard Total Bond Market ETF by 10.8% during the second quarter. State Street Corp now owns 7,757,324 shares of the company’s stock worth $571,172,000 after purchasing an additional 759,261 shares during the period. Finally, Main Street Financial Solutions LLC increased its position in Vanguard Total Bond Market ETF by 122.0% during the second quarter. Main Street Financial Solutions LLC now owns 31,988 shares of the company’s stock worth $2,355,000 after buying an additional 17,576 shares during the last quarter.

Vanguard Total Bond Market ETF Stock Performance

NASDAQ:BND opened at $72.24 on Tuesday. Vanguard Total Bond Market ETF has a 12-month low of $72.07 and a 12-month high of $75.23. The stock’s 50 day moving average price is $72.64 and its two-hundred day moving average price is $73.32.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, August 5th. Investors of record on Monday, August 3rd were paid a $0.2516 dividend. This is a boost from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.24. The ex-dividend date was Monday, August 3rd. This represents a c) dividend on an annualized basis and a yield of 4.2%.

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.