Rainey & Randall Wealth Advisors Inc. Boosts Holdings in Vanguard Total Bond Market ETF (NASDAQ:BND)

Rainey & Randall Wealth Advisors Inc. lifted its stake in 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 firm owned 730,634 shares of the company’s stock after acquiring an additional 26,126 shares during the quarter. Vanguard Total Bond Market ETF accounts for about 10.4% of Rainey & Randall Wealth Advisors Inc.’s investment portfolio, making the stock its 4th largest holding. Rainey & Randall Wealth Advisors Inc.’s holdings in Vanguard Total Bond Market ETF were worth $52,540,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. JPMorgan Chase & Co. boosted its position in Vanguard Total Bond Market ETF by 5.6% in the third quarter. JPMorgan Chase & Co. now owns 89,037,239 shares of the company’s stock worth $6,687,587,000 after purchasing an additional 4,687,550 shares during the last quarter. Franklin Resources Inc. lifted its stake in shares of Vanguard Total Bond Market ETF by 3,082.1% in the 3rd quarter. Franklin Resources Inc. now owns 3,430,390 shares of the company’s stock worth $253,060,000 after purchasing an additional 3,322,588 shares during the period. Strategic Financial Concepts LLC boosted its holdings in shares of Vanguard Total Bond Market ETF by 9,287.8% in the fourth quarter. Strategic Financial Concepts LLC now owns 2,826,578 shares of the company’s stock worth $203,259,000 after buying an additional 2,796,469 shares during the last quarter. State Street Corp grew its position in Vanguard Total Bond Market ETF by 86.9% during the third quarter. State Street Corp now owns 4,008,284 shares of the company’s stock valued at $301,062,000 after buying an additional 1,863,233 shares during the period. Finally, Allworth Financial LP increased its holdings in Vanguard Total Bond Market ETF by 9.4% during the fourth quarter. Allworth Financial LP now owns 19,321,863 shares of the company’s stock valued at $1,391,367,000 after buying an additional 1,664,458 shares during the last quarter.

Vanguard Total Bond Market ETF Trading Up 0.4 %

BND opened at $72.76 on Friday. The firm’s 50 day simple moving average is $72.09 and its two-hundred day simple moving average is $73.28. Vanguard Total Bond Market ETF has a 1-year low of $70.37 and a 1-year high of $75.67.

Vanguard Total Bond Market ETF Increases Dividend

The business also recently announced a dividend, which was paid on Wednesday, February 5th. Investors of record on Monday, February 3rd were issued a $0.2348 dividend. This is a boost from Vanguard Total Bond Market ETF’s previous dividend of $0.23. The ex-dividend date was Monday, February 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.