Weitzel Financial Services Inc. Raises Stake in Vanguard Total Bond Market ETF (NASDAQ:BND)

Weitzel Financial Services Inc. raised its stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 5.6% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 5,152 shares of the company’s stock after buying an additional 271 shares during the quarter. Vanguard Total Bond Market ETF comprises 0.2% of Weitzel Financial Services Inc.’s portfolio, making the stock its 26th largest holding. Weitzel Financial Services Inc.’s holdings in Vanguard Total Bond Market ETF were worth $375,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Summit Wealth Group LLC bought a new stake in Vanguard Total Bond Market ETF during the first quarter valued at $421,000. Northwestern Mutual Wealth Management Co. boosted its position in shares of Vanguard Total Bond Market ETF by 22.1% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 65,934,014 shares of the company’s stock valued at $4,736,733,000 after acquiring an additional 11,947,873 shares during the last quarter. Moneta Group Investment Advisors LLC increased its position in shares of Vanguard Total Bond Market ETF by 119,230.1% in the fourth quarter. Moneta Group Investment Advisors LLC now owns 10,572,648 shares of the company’s stock worth $759,539,000 after purchasing an additional 10,563,788 shares during the last quarter. Morgan Stanley raised its stake in Vanguard Total Bond Market ETF by 12.3% in the fourth quarter. Morgan Stanley now owns 64,417,907 shares of the company’s stock valued at $4,627,783,000 after purchasing an additional 7,045,711 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its stake in Vanguard Total Bond Market ETF by 7.9% in the fourth quarter. JPMorgan Chase & Co. now owns 94,508,035 shares of the company’s stock valued at $6,789,457,000 after purchasing an additional 6,935,497 shares in the last quarter.

Vanguard Total Bond Market ETF Trading Down 0.2 %

Vanguard Total Bond Market ETF stock traded down $0.11 during mid-day trading on Friday, hitting $70.82. 1,346,297 shares of the company traded hands, compared to its average volume of 5,127,747. The stock has a fifty day moving average price of $71.62 and a 200-day moving average price of $72.68. Vanguard Total Bond Market ETF has a one year low of $69.09 and a one year high of $74.90.

Vanguard Total Bond Market ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, September 7th. Stockholders of record on Tuesday, September 5th were issued a dividend of $0.1957 per share. This is an increase from Vanguard Total Bond Market ETF’s previous dividend of $0.19. The ex-dividend date of this dividend was Friday, September 1st.

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.