Vanguard Total Bond Market ETF $BND Stake Boosted by Rinkey Investments

Rinkey Investments increased its holdings in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 12.7% during the second quarter, HoldingsChannel.com reports. The fund owned 233,157 shares of the company’s stock after buying an additional 26,343 shares during the period. Vanguard Total Bond Market ETF accounts for about 3.9% of Rinkey Investments’ holdings, making the stock its 8th largest holding. Rinkey Investments’ holdings in Vanguard Total Bond Market ETF were worth $17,116,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. First PREMIER Bank grew its stake in Vanguard Total Bond Market ETF by 1,166.9% during the 2nd quarter. First PREMIER Bank now owns 566,747 shares of the company’s stock valued at $41,605,000 after acquiring an additional 522,012 shares in the last quarter. Nwam LLC lifted its stake in Vanguard Total Bond Market ETF by 3.0% in the 2nd quarter. Nwam LLC now owns 212,984 shares of the company’s stock worth $15,635,000 after purchasing an additional 6,280 shares in the last quarter. NorthLanding Financial Partners LLC lifted its stake in Vanguard Total Bond Market ETF by 54.8% in the 2nd quarter. NorthLanding Financial Partners LLC now owns 9,204 shares of the company’s stock worth $676,000 after purchasing an additional 3,257 shares in the last quarter. Piedmont Capital Management LLC boosted its holdings in shares of Vanguard Total Bond Market ETF by 3.3% during the 2nd quarter. Piedmont Capital Management LLC now owns 15,154 shares of the company’s stock worth $1,107,000 after purchasing an additional 485 shares during the last quarter. Finally, Orgel Wealth Management LLC acquired a new position in shares of Vanguard Total Bond Market ETF during the 2nd quarter worth approximately $308,000.

Vanguard Total Bond Market ETF Stock Performance

BND stock opened at $72.24 on Tuesday. The business has a 50 day simple moving average of $72.64 and a 200-day simple moving average of $73.32. Vanguard Total Bond Market ETF has a 1 year low of $72.07 and a 1 year high of $75.23.

Vanguard Total Bond Market ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, August 5th. Shareholders of record on Monday, August 3rd were paid a dividend of $0.2516 per share. This represents a c) dividend on an annualized basis and a yield of 4.2%. This is an increase from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.24. The ex-dividend date of this dividend was Monday, August 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.