First Financial Bankshares Inc Boosts Stake in Vanguard Total Bond Market ETF (NASDAQ:BND)

First Financial Bankshares Inc raised its position in Vanguard Total Bond Market ETF (NASDAQ:BND) by 3.8% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,338,295 shares of the company’s stock after purchasing an additional 85,113 shares during the period. Vanguard Total Bond Market ETF accounts for 3.7% of First Financial Bankshares Inc’s investment portfolio, making the stock its 3rd biggest position. First Financial Bankshares Inc’s holdings in Vanguard Total Bond Market ETF were worth $175,629,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in BND. Marquette Asset Management LLC bought a new position in shares of Vanguard Total Bond Market ETF in the first quarter worth approximately $30,000. Anfield Capital Management LLC grew its stake in Vanguard Total Bond Market ETF by 4,650.0% in the 2nd quarter. Anfield Capital Management LLC now owns 475 shares of the company’s stock worth $34,000 after buying an additional 465 shares in the last quarter. CVA Family Office LLC increased its holdings in shares of Vanguard Total Bond Market ETF by 443.3% in the 2nd quarter. CVA Family Office LLC now owns 489 shares of the company’s stock worth $35,000 after buying an additional 399 shares during the last quarter. Ridgewood Investments LLC purchased a new stake in shares of Vanguard Total Bond Market ETF during the 2nd quarter valued at $38,000. Finally, Family Asset Management LLC bought a new stake in shares of Vanguard Total Bond Market ETF during the 2nd quarter worth $40,000.

Vanguard Total Bond Market ETF Stock Down 0.2 %

BND traded down $0.15 during trading on Friday, reaching $73.16. The stock had a trading volume of 4,641,724 shares, compared to its average volume of 6,571,402. The business has a 50-day moving average of $74.57 and a 200-day moving average of $73.01. Vanguard Total Bond Market ETF has a one year low of $68.34 and a one year high of $75.67.

Vanguard Total Bond Market ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, September 5th. Investors of record on Tuesday, September 3rd were issued a dividend of $0.2255 per share. This is a boost 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 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.