Farther Finance Advisors LLC Acquires 177,755 Shares of Vanguard Total Bond Market ETF $BND

Farther Finance Advisors LLC increased its position in Vanguard Total Bond Market ETF (NASDAQ:BND) by 23.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 932,412 shares of the company’s stock after purchasing an additional 177,755 shares during the period. Vanguard Total Bond Market ETF accounts for 0.7% of Farther Finance Advisors LLC’s portfolio, making the stock its 20th biggest position. Farther Finance Advisors LLC’s holdings in Vanguard Total Bond Market ETF were worth $69,064,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in BND. Creative Planning grew its stake in Vanguard Total Bond Market ETF by 8.7% in the third quarter. Creative Planning now owns 124,942,968 shares of the company’s stock worth $9,292,008,000 after purchasing an additional 10,046,828 shares during the period. JPMorgan Chase & Co. grew its stake in Vanguard Total Bond Market ETF by 4.4% in the third quarter. JPMorgan Chase & Co. now owns 131,346,514 shares of the company’s stock worth $9,768,240,000 after purchasing an additional 5,476,153 shares during the period. Vanguard Group Inc. grew its stake in Vanguard Total Bond Market ETF by 7.0% in the third quarter. Vanguard Group Inc. now owns 71,913,770 shares of the company’s stock worth $5,348,226,000 after purchasing an additional 4,719,267 shares during the period. Bank of America Corp DE grew its stake in Vanguard Total Bond Market ETF by 25.7% in the third quarter. Bank of America Corp DE now owns 22,912,695 shares of the company’s stock worth $1,704,017,000 after purchasing an additional 4,686,304 shares during the period. Finally, Corient Private Wealth LLC grew its stake in Vanguard Total Bond Market ETF by 125.6% in the second quarter. Corient Private Wealth LLC now owns 7,575,426 shares of the company’s stock worth $539,426,000 after purchasing an additional 4,217,095 shares during the period.

Vanguard Total Bond Market ETF Stock Up 0.2%

Shares of BND stock opened at $73.98 on Wednesday. The business’s fifty day moving average is $74.09 and its 200 day moving average is $74.27. Vanguard Total Bond Market ETF has a twelve month low of $71.76 and a twelve month high of $75.23.

Vanguard Total Bond Market ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Monday, April 6th. Investors of record on Wednesday, April 1st were paid a $0.25 dividend. The ex-dividend date of this dividend was Wednesday, April 1st. This is a positive change from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.23. This represents a c) annualized dividend and a yield of 4.1%.

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.