Independent Financial Group LLC Acquires New Holdings in Vanguard Total Bond Market ETF $BND

Independent Financial Group LLC bought a new stake in Vanguard Total Bond Market ETF (NASDAQ:BND) during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 306,302 shares of the company’s stock, valued at approximately $22,556,000. Vanguard Total Bond Market ETF comprises about 0.7% of Independent Financial Group LLC’s investment portfolio, making the stock its 16th largest holding.

Other large investors have also added to or reduced their stakes in the company. JPMorgan Chase & Co. lifted its position in shares of Vanguard Total Bond Market ETF by 6.3% during the fourth quarter. JPMorgan Chase & Co. now owns 139,629,587 shares of the company’s stock valued at $10,342,364,000 after buying an additional 8,283,073 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in shares of Vanguard Total Bond Market ETF by 3.4% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 130,902,798 shares of the company’s stock worth $9,695,970,000 after acquiring an additional 4,285,563 shares in the last quarter. Creative Planning raised its stake in shares of Vanguard Total Bond Market ETF by 8.7% during the 3rd quarter. Creative Planning now owns 124,942,968 shares of the company’s stock worth $9,292,008,000 after acquiring an additional 10,046,828 shares in the last quarter. Morgan Stanley lifted its position in Vanguard Total Bond Market ETF by 15.0% during the fourth quarter. Morgan Stanley now owns 124,929,480 shares of the company’s stock valued at $9,253,527,000 after acquiring an additional 16,287,510 shares during the last quarter. Finally, Vanguard Group Inc. lifted its position in Vanguard Total Bond Market ETF by 9.7% during the fourth quarter. Vanguard Group Inc. now owns 78,903,250 shares of the company’s stock valued at $5,844,363,000 after acquiring an additional 6,989,480 shares during the last quarter.

Vanguard Total Bond Market ETF Stock Performance

Shares of BND opened at $72.81 on Friday. Vanguard Total Bond Market ETF has a twelve month low of $72.34 and a twelve month high of $75.23. The company has a 50 day moving average of $73.11 and a two-hundred day moving average of $73.72.

Vanguard Total Bond Market ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, July 6th. Stockholders of record on Wednesday, July 1st were issued a dividend of $0.2445 per share. This represents a c) annualized dividend and a dividend yield of 4.0%. The ex-dividend date was Wednesday, July 1st.

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.