Vanguard Total Bond Market ETF $BND Shares Bought by Rinkey Investments

Rinkey Investments grew its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 12.7% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 233,157 shares of the company’s stock after purchasing an additional 26,343 shares during the quarter. Vanguard Total Bond Market ETF makes up 3.9% of Rinkey Investments’ holdings, making the stock its 8th biggest position. Rinkey Investments’ holdings in Vanguard Total Bond Market ETF were worth $17,116,000 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. USAdvisors Wealth Management LLC raised its position in shares of Vanguard Total Bond Market ETF by 2.3% during the 4th quarter. USAdvisors Wealth Management LLC now owns 6,384 shares of the company’s stock worth $472,000 after purchasing an additional 141 shares during the last quarter. BCO Wealth Management LLC boosted its holdings in Vanguard Total Bond Market ETF by 0.3% in the 1st quarter. BCO Wealth Management LLC now owns 49,894 shares of the company’s stock worth $3,674,000 after buying an additional 143 shares during the last quarter. Novak & Powell Financial Services Inc. boosted its holdings in Vanguard Total Bond Market ETF by 1.0% in the 4th quarter. Novak & Powell Financial Services Inc. now owns 14,360 shares of the company’s stock worth $1,064,000 after buying an additional 149 shares during the last quarter. Value Investment Professionals LLC increased its stake in Vanguard Total Bond Market ETF by 1.9% during the 2nd quarter. Value Investment Professionals LLC now owns 7,827 shares of the company’s stock worth $575,000 after buying an additional 149 shares in the last quarter. Finally, Cornerstone Management Inc. increased its stake in Vanguard Total Bond Market ETF by 3.6% during the 4th quarter. Cornerstone Management Inc. now owns 4,374 shares of the company’s stock worth $324,000 after buying an additional 152 shares in the last quarter.

Vanguard Total Bond Market ETF Price Performance

Shares of Vanguard Total Bond Market ETF stock opened at $72.24 on Tuesday. The business has a 50 day simple moving average of $72.64 and a two-hundred day simple moving average of $73.32. Vanguard Total Bond Market ETF has a 12 month low of $72.07 and a 12 month high of $75.23.

Vanguard Total Bond Market ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, August 5th. Investors of record on Monday, August 3rd were given a dividend of $0.2516 per share. The ex-dividend date was Monday, August 3rd. This is a positive change from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.24. This represents a c) annualized dividend and a dividend yield of 4.2%.

About Vanguard Total Bond Market ETF

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.