Ames National Corp Increases Stake in Vanguard Total Bond Market ETF $BND

Ames National Corp increased its holdings in Vanguard Total Bond Market ETF (NASDAQ:BND) by 5.6% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 154,369 shares of the company’s stock after purchasing an additional 8,215 shares during the period. Vanguard Total Bond Market ETF makes up about 6.7% of Ames National Corp’s investment portfolio, making the stock its 3rd largest position. Ames National Corp’s holdings in Vanguard Total Bond Market ETF were worth $11,434,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Hilton Head Capital Partners LLC bought a new position in Vanguard Total Bond Market ETF during the fourth quarter valued at $26,000. Wilkerson Advisory Group LLC bought a new position in Vanguard Total Bond Market ETF during the fourth quarter valued at $26,000. CKW Financial Group bought a new position in Vanguard Total Bond Market ETF during the fourth quarter valued at $28,000. Kelleher Financial Advisors bought a new position in Vanguard Total Bond Market ETF during the third quarter valued at $32,000. Finally, Steigerwald Gordon & Koch Inc. bought a new position in Vanguard Total Bond Market ETF during the fourth quarter valued at $43,000.

Vanguard Total Bond Market ETF Trading Down 0.1%

BND stock opened at $73.24 on Friday. Vanguard Total Bond Market ETF has a twelve month low of $72.34 and a twelve month high of $75.23. The firm’s fifty day simple moving average is $73.37 and its two-hundred day simple moving average is $73.92.

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 given a dividend of $0.2473 per share. The ex-dividend date was Monday, June 1st. This represents a c) dividend on an annualized basis and a yield of 4.1%.

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.