Oldfather Financial Services LLC Has $2 Million Stake in Vanguard Total Bond Market ETF (NASDAQ:BND)

Oldfather Financial Services LLC increased its stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 23.0% during the first quarter, HoldingsChannel reports. The fund owned 27,261 shares of the company’s stock after buying an additional 5,106 shares during the period. Vanguard Total Bond Market ETF comprises about 0.8% of Oldfather Financial Services LLC’s investment portfolio, making the stock its 21st largest position. Oldfather Financial Services LLC’s holdings in Vanguard Total Bond Market ETF were worth $2,002,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in BND. Brighton Jones LLC raised its holdings in shares of Vanguard Total Bond Market ETF by 99.6% during the fourth quarter. Brighton Jones LLC now owns 37,423 shares of the company’s stock worth $2,691,000 after acquiring an additional 18,677 shares during the period. Revolve Wealth Partners LLC grew its position in Vanguard Total Bond Market ETF by 19.1% in the fourth quarter. Revolve Wealth Partners LLC now owns 3,298 shares of the company’s stock valued at $237,000 after purchasing an additional 530 shares in the last quarter. Amundi grew its position in Vanguard Total Bond Market ETF by 25.6% in the fourth quarter. Amundi now owns 10,800 shares of the company’s stock valued at $773,000 after purchasing an additional 2,200 shares in the last quarter. Citizens Financial Group Inc. RI bought a new position in Vanguard Total Bond Market ETF in the fourth quarter valued at $224,000. Finally, Moors & Cabot Inc. grew its position in Vanguard Total Bond Market ETF by 8.4% in the fourth quarter. Moors & Cabot Inc. now owns 5,878 shares of the company’s stock valued at $423,000 after purchasing an additional 454 shares in the last quarter.

Vanguard Total Bond Market ETF Stock Down 0.4%

Vanguard Total Bond Market ETF stock opened at $72.80 on Friday. Vanguard Total Bond Market ETF has a 1-year low of $71.10 and a 1-year high of $75.67. The company has a fifty day simple moving average of $72.70 and a 200 day simple moving average of $72.64.

Vanguard Total Bond Market ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, July 3rd. Investors of record on Tuesday, July 1st were given a $0.2353 dividend. This represents a $2.82 dividend on an annualized basis and a yield of 3.88%. The ex-dividend date was Tuesday, July 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.