Rainey & Randall Wealth Advisors Inc. Increases Stake in Vanguard Total Bond Market ETF $BND

Rainey & Randall Wealth Advisors Inc. grew its holdings in Vanguard Total Bond Market ETF (NASDAQ:BND) by 1.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 664,305 shares of the company’s stock after buying an additional 7,408 shares during the quarter. Vanguard Total Bond Market ETF makes up 8.0% of Rainey & Randall Wealth Advisors Inc.’s portfolio, making the stock its 4th largest position. Rainey & Randall Wealth Advisors Inc.’s holdings in Vanguard Total Bond Market ETF were worth $49,205,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Security Financial Services INC. grew its holdings in Vanguard Total Bond Market ETF by 7.2% during the 4th quarter. Security Financial Services INC. now owns 38,846 shares of the company’s stock worth $2,877,000 after acquiring an additional 2,612 shares during the last quarter. Symmetry Partners LLC raised its stake in shares of Vanguard Total Bond Market ETF by 12.4% in the fourth quarter. Symmetry Partners LLC now owns 736,205 shares of the company’s stock worth $54,531,000 after acquiring an additional 81,236 shares during the last quarter. Wealth Enhancement Trust Services Inc. acquired a new position in shares of Vanguard Total Bond Market ETF during the fourth quarter worth approximately $317,000. Stordahl Capital Management Inc. lifted its position in shares of Vanguard Total Bond Market ETF by 2.6% during the fourth quarter. Stordahl Capital Management Inc. now owns 514,675 shares of the company’s stock worth $38,122,000 after purchasing an additional 13,119 shares in the last quarter. Finally, TME Financial Inc. grew its stake in shares of Vanguard Total Bond Market ETF by 78.6% during the fourth quarter. TME Financial Inc. now owns 17,384 shares of the company’s stock valued at $1,288,000 after purchasing an additional 7,653 shares during the last quarter.

Vanguard Total Bond Market ETF Price Performance

Shares of Vanguard Total Bond Market ETF stock opened at $74.06 on Friday. The firm has a 50 day simple moving average of $74.08 and a 200 day simple moving average of $74.26. Vanguard Total Bond Market ETF has a fifty-two week low of $71.76 and a fifty-two week high of $75.23.

Vanguard Total Bond Market ETF Increases Dividend

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

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.