Mechanics Financial Corp Increases Stock Position in Vanguard Total Bond Market ETF (NASDAQ:BND)

Mechanics Financial Corp boosted its holdings in Vanguard Total Bond Market ETF (NASDAQ:BND) by 0.6% during the 4th quarter, HoldingsChannel.com reports. The fund owned 29,088 shares of the company’s stock after buying an additional 182 shares during the period. Vanguard Total Bond Market ETF makes up 1.2% of Mechanics Financial Corp’s investment portfolio, making the stock its 21st largest position. Mechanics Financial Corp’s holdings in Vanguard Total Bond Market ETF were worth $2,139,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in BND. Whittier Trust Co. of Nevada Inc. lifted its holdings in shares of Vanguard Total Bond Market ETF by 90.3% during the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 371 shares of the company’s stock valued at $27,000 after purchasing an additional 176 shares in the last quarter. VitalStone Financial LLC boosted its holdings in shares of Vanguard Total Bond Market ETF by 3,300.0% during the 3rd quarter. VitalStone Financial LLC now owns 408 shares of the company’s stock valued at $28,000 after acquiring an additional 396 shares during the last quarter. Steph & Co. purchased a new stake in shares of Vanguard Total Bond Market ETF during the 3rd quarter valued at about $33,000. Your Advocates Ltd. LLP bought a new stake in shares of Vanguard Total Bond Market ETF in the third quarter worth approximately $34,000. Finally, Union Savings Bank raised its holdings in shares of Vanguard Total Bond Market ETF by 218.8% during the third quarter. Union Savings Bank now owns 510 shares of the company’s stock valued at $36,000 after purchasing an additional 350 shares during the last quarter.

Vanguard Total Bond Market ETF Trading Up 0.2 %

BND stock traded up $0.17 on Thursday, hitting $70.88. The company had a trading volume of 2,093,612 shares, compared to its average volume of 7,837,418. Vanguard Total Bond Market ETF has a 12-month low of $67.99 and a 12-month high of $74.38. The stock’s 50-day simple moving average is $71.79 and its 200 day simple moving average is $71.71.

Vanguard Total Bond Market ETF Cuts Dividend

The company also recently declared a dividend, which will be paid on Monday, May 6th. Stockholders of record on Thursday, May 2nd will be paid a $0.2138 dividend. The ex-dividend date of this dividend is Wednesday, May 1st.

Vanguard Total Bond Market ETF Company 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.