Horizon Bancorp Inc. IN Has $49.81 Million Stock Position in Vanguard Total Bond Market ETF (NASDAQ:BND)

Horizon Bancorp Inc. IN cut its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 16.3% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 663,107 shares of the company’s stock after selling 129,080 shares during the period. Vanguard Total Bond Market ETF comprises about 23.1% of Horizon Bancorp Inc. IN’s investment portfolio, making the stock its largest position. Horizon Bancorp Inc. IN’s holdings in Vanguard Total Bond Market ETF were worth $49,806,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently added to or reduced their stakes in BND. Creative Planning raised its position in Vanguard Total Bond Market ETF by 11.5% during the 2nd quarter. Creative Planning now owns 84,438,154 shares of the company’s stock valued at $6,083,769,000 after purchasing an additional 8,691,058 shares in the last quarter. Arizona PSPRS Trust purchased a new stake in Vanguard Total Bond Market ETF in the second quarter worth about $472,909,000. Vanguard Group Inc. grew its holdings in Vanguard Total Bond Market ETF by 20.1% during the 1st quarter. Vanguard Group Inc. now owns 37,326,573 shares of the company’s stock worth $2,711,029,000 after acquiring an additional 6,253,040 shares in the last quarter. Axiom Advisory LLC increased its position in Vanguard Total Bond Market ETF by 20.7% during the 3rd quarter. Axiom Advisory LLC now owns 27,905,696 shares of the company’s stock valued at $2,065,731,000 after purchasing an additional 4,794,485 shares during the period. Finally, Cetera Investment Advisers raised its holdings in shares of Vanguard Total Bond Market ETF by 123.9% in the 1st quarter. Cetera Investment Advisers now owns 4,807,301 shares of the company’s stock valued at $349,154,000 after purchasing an additional 2,660,678 shares in the last quarter.

Vanguard Total Bond Market ETF Stock Down 0.2 %

NASDAQ BND traded down $0.15 during midday trading on Friday, hitting $73.16. 4,641,724 shares of the company traded hands, compared to its average volume of 6,571,402. Vanguard Total Bond Market ETF has a 52 week low of $68.34 and a 52 week high of $75.67. The company’s 50-day simple moving average is $74.59 and its 200-day simple moving average is $72.99.

Vanguard Total Bond Market ETF Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, September 5th. Shareholders of record on Tuesday, September 3rd were paid a $0.2255 dividend. This is an increase from Vanguard Total Bond Market ETF’s previous dividend of $0.22. The ex-dividend date was Tuesday, September 3rd.

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.