Horizon Bancorp Inc. IN Has $43.95 Million Stock Holdings in Vanguard Total Bond Market ETF $BND

Horizon Bancorp Inc. IN lowered its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 1.7% in the 4th quarter, Holdings Channel.com reports. The firm owned 593,361 shares of the company’s stock after selling 10,219 shares during the period. Vanguard Total Bond Market ETF makes up 21.4% of Horizon Bancorp Inc. IN’s holdings, making the stock its biggest holding. Horizon Bancorp Inc. IN’s holdings in Vanguard Total Bond Market ETF were worth $43,950,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently modified their holdings of BND. CKW Financial Group bought a new stake in shares of Vanguard Total Bond Market ETF in the 4th quarter worth about $28,000. Kelleher Financial Advisors bought a new stake in shares of Vanguard Total Bond Market ETF in the 3rd quarter worth about $32,000. Steigerwald Gordon & Koch Inc. bought a new stake in shares of Vanguard Total Bond Market ETF in the 4th quarter worth about $43,000. Kingdom Financial Group LLC. bought a new stake in shares of Vanguard Total Bond Market ETF in the 4th quarter worth about $43,000. Finally, TCTC Holdings LLC bought a new stake in shares of Vanguard Total Bond Market ETF in the 3rd quarter worth about $51,000.

Vanguard Total Bond Market ETF Stock Up 0.1%

Shares of NASDAQ:BND opened at $73.16 on Friday. Vanguard Total Bond Market ETF has a fifty-two week low of $72.19 and a fifty-two week high of $75.23. The firm has a 50-day simple moving average of $73.42 and a 200 day simple moving average of $73.98.

Vanguard Total Bond Market ETF Cuts Dividend

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

Vanguard Total Bond Market ETF 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.