Zhang Financial LLC Acquires 109,421 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

Zhang Financial LLC boosted its holdings in Vanguard Total Bond Market ETF (NASDAQ:BND) by 34.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 423,767 shares of the company’s stock after acquiring an additional 109,421 shares during the quarter. Vanguard Total Bond Market ETF accounts for about 2.0% of Zhang Financial LLC’s investment portfolio, making the stock its 12th biggest position. Zhang Financial LLC’s holdings in Vanguard Total Bond Market ETF were worth $31,829,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in BND. Creative Planning grew its stake in Vanguard Total Bond Market ETF by 8.6% during the third quarter. Creative Planning now owns 91,686,451 shares of the company’s stock worth $6,886,569,000 after buying an additional 7,248,297 shares during the last quarter. Vanguard Group Inc. grew its stake in Vanguard Total Bond Market ETF by 20.1% during the first quarter. Vanguard Group Inc. now owns 37,326,573 shares of the company’s stock worth $2,711,029,000 after buying an additional 6,253,040 shares during the last quarter. Axiom Advisory LLC grew its stake in Vanguard Total Bond Market ETF by 20.7% during the third quarter. Axiom Advisory LLC now owns 27,905,696 shares of the company’s stock worth $2,065,731,000 after buying an additional 4,794,485 shares during the last quarter. Sei Investments Co. grew its stake in Vanguard Total Bond Market ETF by 6.3% during the second quarter. Sei Investments Co. now owns 12,675,128 shares of the company’s stock worth $913,244,000 after buying an additional 746,645 shares during the last quarter. Finally, Arizona PSPRS Trust bought a new stake in Vanguard Total Bond Market ETF during the second quarter worth about $472,909,000.

Vanguard Total Bond Market ETF Price Performance

Shares of BND traded up $0.23 during mid-day trading on Tuesday, hitting $74.00. 2,448,793 shares of the company traded hands, compared to its average volume of 6,610,433. Vanguard Total Bond Market ETF has a one year low of $67.99 and a one year high of $75.67. The business has a 50-day moving average of $74.64 and a 200 day moving average of $72.91.

Vanguard Total Bond Market ETF Increases Dividend

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

Vanguard Total Bond Market ETF Company 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.