Financial & Tax Architects LLC Takes Position in Vanguard Total Bond Market ETF (NASDAQ:BND)

Financial & Tax Architects LLC acquired a new stake in Vanguard Total Bond Market ETF (NASDAQ:BND) in the second quarter, HoldingsChannel reports. The institutional investor acquired 146,829 shares of the company’s stock, valued at approximately $10,579,000. Vanguard Total Bond Market ETF makes up approximately 2.8% of Financial & Tax Architects LLC’s portfolio, making the stock its 10th largest position.

A number of other hedge funds also recently made changes to their positions in BND. Morningstar Investment Services LLC increased its position in shares of Vanguard Total Bond Market ETF by 90.1% during the 4th quarter. Morningstar Investment Services LLC now owns 17,898,072 shares of the company’s stock worth $1,319,534,000 after purchasing an additional 8,482,025 shares in the last quarter. Arizona PSPRS Trust acquired a new position in Vanguard Total Bond Market ETF in the second quarter valued at about $472,909,000. Vanguard Group Inc. boosted its position in Vanguard Total Bond Market ETF by 20.1% in the first quarter. Vanguard Group Inc. now owns 37,326,573 shares of the company’s stock valued at $2,711,029,000 after buying an additional 6,253,040 shares in the last quarter. Texas Treasury Safekeeping Trust Co. boosted its position in Vanguard Total Bond Market ETF by 789.9% in the fourth quarter. Texas Treasury Safekeeping Trust Co. now owns 6,896,640 shares of the company’s stock valued at $507,248,000 after buying an additional 6,121,670 shares in the last quarter. Finally, Creative Planning boosted its position in Vanguard Total Bond Market ETF by 10.1% in the fourth quarter. Creative Planning now owns 61,103,613 shares of the company’s stock valued at $4,494,171,000 after buying an additional 5,594,165 shares in the last quarter.

Vanguard Total Bond Market ETF Stock Performance

NASDAQ:BND opened at $75.54 on Wednesday. Vanguard Total Bond Market ETF has a 12 month low of $67.99 and a 12 month high of $75.67. The company’s 50-day moving average price is $74.02 and its two-hundred day moving average price is $72.61.

Vanguard Total Bond Market ETF Increases Dividend

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

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.