Wesbanco Bank Inc. Has $28.20 Million Position in Vanguard Total Bond Market ETF $BND

Wesbanco Bank Inc. grew its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 11.8% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 382,924 shares of the company’s stock after acquiring an additional 40,425 shares during the quarter. Vanguard Total Bond Market ETF accounts for 0.8% of Wesbanco Bank Inc.’s holdings, making the stock its 25th biggest position. Wesbanco Bank Inc.’s holdings in Vanguard Total Bond Market ETF were worth $28,199,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also modified their holdings of the company. Hilton Head Capital Partners LLC acquired a new position in Vanguard Total Bond Market ETF during the fourth quarter valued at approximately $26,000. Wilkerson Advisory Group LLC bought a new stake in Vanguard Total Bond Market ETF in the fourth quarter valued at approximately $26,000. CKW Financial Group bought a new stake in Vanguard Total Bond Market ETF in the fourth quarter valued at approximately $28,000. Kelleher Financial Advisors acquired a new stake in Vanguard Total Bond Market ETF in the third quarter worth $32,000. Finally, FAS Wealth Partners Inc. raised its holdings in Vanguard Total Bond Market ETF by 1,064.1% in the fourth quarter. FAS Wealth Partners Inc. now owns 454 shares of the company’s stock worth $34,000 after purchasing an additional 415 shares during the period.

Vanguard Total Bond Market ETF Price Performance

Shares of NASDAQ BND opened at $73.67 on Friday. Vanguard Total Bond Market ETF has a twelve month low of $72.34 and a twelve month high of $75.23. The company’s fifty day moving average is $73.31 and its 200-day moving average is $73.84.

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 paid a dividend of $0.2473 per share. This represents a c) annualized dividend and a yield of 4.0%. 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.