Wesbanco Bank Inc. Has $25.19 Million Stake in Vanguard Total Bond Market ETF $BND

Wesbanco Bank Inc. lifted its position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 7.1% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 338,639 shares of the company’s stock after purchasing an additional 22,417 shares during the quarter. Vanguard Total Bond Market ETF accounts for about 0.7% of Wesbanco Bank Inc.’s investment portfolio, making the stock its 29th biggest holding. Wesbanco Bank Inc.’s holdings in Vanguard Total Bond Market ETF were worth $25,185,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently bought and sold shares of the company. Charis Legacy Partners LLC lifted its position in shares of Vanguard Total Bond Market ETF by 20.9% during the 3rd quarter. Charis Legacy Partners LLC now owns 55,032 shares of the company’s stock valued at $4,093,000 after acquiring an additional 9,519 shares during the period. Alesco Advisors LLC raised its position in shares of Vanguard Total Bond Market ETF by 14.9% in the 3rd quarter. Alesco Advisors LLC now owns 2,265,590 shares of the company’s stock valued at $168,492,000 after buying an additional 294,238 shares in the last quarter. Estate Counselors LLC lifted its holdings in shares of Vanguard Total Bond Market ETF by 6.3% during the 3rd quarter. Estate Counselors LLC now owns 195,070 shares of the company’s stock worth $14,507,000 after acquiring an additional 11,590 shares during the period. D.A. Davidson & CO. boosted its position in shares of Vanguard Total Bond Market ETF by 1.4% during the 3rd quarter. D.A. Davidson & CO. now owns 502,981 shares of the company’s stock worth $37,407,000 after acquiring an additional 6,843 shares in the last quarter. Finally, BAM Wealth Management LLC bought a new position in Vanguard Total Bond Market ETF in the third quarter valued at approximately $920,000.

Vanguard Total Bond Market ETF Stock Performance

Shares of BND opened at $74.25 on Tuesday. The firm has a 50 day simple moving average of $74.18 and a two-hundred day simple moving average of $74.20. Vanguard Total Bond Market ETF has a one year low of $71.41 and a one year high of $75.15.

Vanguard Total Bond Market ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, February 4th. Investors of record on Monday, February 2nd were paid a $0.2455 dividend. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) annualized dividend and a yield of 4.0%.

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.