Farther Finance Advisors LLC Grows Stake in Vanguard Total Bond Market ETF (NASDAQ:BND)

Farther Finance Advisors LLC lifted its stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 3.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 253,062 shares of the company’s stock after purchasing an additional 9,087 shares during the period. Vanguard Total Bond Market ETF comprises 0.7% of Farther Finance Advisors LLC’s investment portfolio, making the stock its 23rd biggest position. Farther Finance Advisors LLC’s holdings in Vanguard Total Bond Market ETF were worth $18,198,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of BND. Wealthfront Advisers LLC increased its stake in shares of Vanguard Total Bond Market ETF by 2,218.3% during the fourth quarter. Wealthfront Advisers LLC now owns 29,325,200 shares of the company’s stock worth $2,108,775,000 after purchasing an additional 28,060,256 shares in the last quarter. Raymond James Financial Inc. acquired a new position in Vanguard Total Bond Market ETF during the fourth quarter worth about $439,341,000. JPMorgan Chase & Co. boosted its position in Vanguard Total Bond Market ETF by 5.6% during the third quarter. JPMorgan Chase & Co. now owns 89,037,239 shares of the company’s stock worth $6,687,587,000 after acquiring an additional 4,687,550 shares during the last quarter. Franklin Resources Inc. boosted its position in Vanguard Total Bond Market ETF by 3,082.1% during the third quarter. Franklin Resources Inc. now owns 3,430,390 shares of the company’s stock worth $253,060,000 after acquiring an additional 3,322,588 shares during the last quarter. Finally, Strategic Financial Concepts LLC boosted its position in Vanguard Total Bond Market ETF by 9,287.8% during the fourth quarter. Strategic Financial Concepts LLC now owns 2,826,578 shares of the company’s stock worth $203,259,000 after acquiring an additional 2,796,469 shares during the last quarter.

Vanguard Total Bond Market ETF Stock Performance

BND opened at $73.06 on Wednesday. Vanguard Total Bond Market ETF has a twelve month low of $70.37 and a twelve month high of $75.67. The firm’s 50-day moving average price is $72.37 and its 200 day moving average price is $73.20.

Vanguard Total Bond Market ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were issued a $0.2195 dividend. The ex-dividend date was Monday, March 3rd.

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.