Financial Architects LLC Has $19.29 Million Position in Vanguard Total Bond Market ETF $BND

Financial Architects LLC lifted its holdings in Vanguard Total Bond Market ETF (NASDAQ:BND) by 4.8% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 262,008 shares of the company’s stock after purchasing an additional 11,964 shares during the quarter. Vanguard Total Bond Market ETF accounts for about 10.2% of Financial Architects LLC’s investment portfolio, making the stock its 3rd biggest holding. Financial Architects LLC’s holdings in Vanguard Total Bond Market ETF were worth $19,294,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of BND. Brighton Jones LLC increased its holdings in Vanguard Total Bond Market ETF by 99.6% in the 4th quarter. Brighton Jones LLC now owns 37,423 shares of the company’s stock worth $2,691,000 after buying an additional 18,677 shares in the last quarter. Revolve Wealth Partners LLC raised its position in Vanguard Total Bond Market ETF by 19.1% in the 4th quarter. Revolve Wealth Partners LLC now owns 3,298 shares of the company’s stock worth $237,000 after buying an additional 530 shares during the last quarter. Amundi lifted its stake in Vanguard Total Bond Market ETF by 54.6% during the 2nd quarter. Amundi now owns 53,192 shares of the company’s stock valued at $3,897,000 after acquiring an additional 18,792 shares during the period. State Street Corp lifted its stake in Vanguard Total Bond Market ETF by 10.8% during the 2nd quarter. State Street Corp now owns 7,757,324 shares of the company’s stock valued at $571,172,000 after acquiring an additional 759,261 shares during the period. Finally, Main Street Financial Solutions LLC boosted its holdings in shares of Vanguard Total Bond Market ETF by 122.0% during the 2nd quarter. Main Street Financial Solutions LLC now owns 31,988 shares of the company’s stock valued at $2,355,000 after acquiring an additional 17,576 shares during the last quarter.

Vanguard Total Bond Market ETF Trading Up 0.1%

Shares of BND stock opened at $73.60 on Friday. The company has a 50 day moving average price of $73.31 and a 200-day moving average price of $73.84. Vanguard Total Bond Market ETF has a 52 week low of $72.34 and a 52 week high of $75.23.

Vanguard Total Bond Market ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, June 3rd. Stockholders of record on Monday, June 1st were issued a dividend of $0.2473 per share. This represents a c) annualized dividend and a dividend yield of 4.0%. The ex-dividend date of this dividend was Monday, June 1st.

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.