Farrell Financial LLC Has $7.07 Million Stake in Vanguard Total Bond Market ETF $BND

Farrell Financial LLC lifted its position in Vanguard Total Bond Market ETF (NASDAQ:BND) by 8.4% in the second quarter, Holdings Channel reports. The firm owned 96,242 shares of the company’s stock after buying an additional 7,442 shares during the period. Vanguard Total Bond Market ETF accounts for 3.8% of Farrell Financial LLC’s investment portfolio, making the stock its 10th largest holding. Farrell Financial LLC’s holdings in Vanguard Total Bond Market ETF were worth $7,065,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Stonekeep Investments LLC raised its holdings in shares of Vanguard Total Bond Market ETF by 5.0% in the second quarter. Stonekeep Investments LLC now owns 89,320 shares of the company’s stock valued at $6,557,000 after acquiring an additional 4,224 shares in the last quarter. Clarus Wealth Advisors lifted its stake in Vanguard Total Bond Market ETF by 11.9% in the second quarter. Clarus Wealth Advisors now owns 88,757 shares of the company’s stock worth $6,453,000 after acquiring an additional 9,456 shares during the period. City Holding Co. grew its holdings in Vanguard Total Bond Market ETF by 15.0% during the 2nd quarter. City Holding Co. now owns 47,323 shares of the company’s stock worth $3,473,000 after acquiring an additional 6,179 shares in the last quarter. Charles Schwab Trust Co grew its holdings in Vanguard Total Bond Market ETF by 13.0% during the 2nd quarter. Charles Schwab Trust Co now owns 656,583 shares of the company’s stock worth $48,200,000 after acquiring an additional 75,668 shares in the last quarter. Finally, Spinnaker Investment Group LLC purchased a new position in Vanguard Total Bond Market ETF during the 2nd quarter valued at about $234,000.

Vanguard Total Bond Market ETF Price Performance

NASDAQ BND opened at $72.21 on Wednesday. Vanguard Total Bond Market ETF has a one year low of $72.07 and a one year high of $75.23. The company’s 50-day simple moving average is $72.85 and its two-hundred day simple moving average is $73.49.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, August 5th. Investors of record on Monday, August 3rd were issued a dividend of $0.2516 per share. The ex-dividend date of this dividend 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 yield of 4.2%.

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.