Rainey & Randall Wealth Advisors Inc. Increases Stock Holdings in Vanguard Total Bond Market ETF (NASDAQ:BND)

Rainey & Randall Wealth Advisors Inc. increased its holdings in Vanguard Total Bond Market ETF (NASDAQ:BND) by 3.7% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 730,634 shares of the company’s stock after acquiring an additional 26,126 shares during the quarter. Vanguard Total Bond Market ETF comprises about 10.4% of Rainey & Randall Wealth Advisors Inc.’s investment portfolio, making the stock its 4th biggest holding. Rainey & Randall Wealth Advisors Inc.’s holdings in Vanguard Total Bond Market ETF were worth $52,540,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. JPMorgan Chase & Co. raised its stake in Vanguard Total Bond Market ETF by 5.6% during the third quarter. JPMorgan Chase & Co. now owns 89,037,239 shares of the company’s stock valued at $6,687,587,000 after buying an additional 4,687,550 shares during the last quarter. Allworth Financial LP raised its position in shares of Vanguard Total Bond Market ETF by 9.4% in the 4th quarter. Allworth Financial LP now owns 19,321,863 shares of the company’s stock worth $1,391,367,000 after purchasing an additional 1,664,458 shares during the last quarter. LPL Financial LLC grew its position in Vanguard Total Bond Market ETF by 3.7% during the 3rd quarter. LPL Financial LLC now owns 14,487,899 shares of the company’s stock valued at $1,088,186,000 after purchasing an additional 518,083 shares during the last quarter. The Manufacturers Life Insurance Company increased its stake in Vanguard Total Bond Market ETF by 5.2% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 11,045,127 shares of the company’s stock valued at $829,599,000 after purchasing an additional 548,650 shares in the last quarter. Finally, Arizona PSPRS Trust raised its holdings in Vanguard Total Bond Market ETF by 0.9% in the third quarter. Arizona PSPRS Trust now owns 6,623,391 shares of the company’s stock worth $497,483,000 after buying an additional 59,774 shares during the last quarter.

Vanguard Total Bond Market ETF Trading Up 0.4 %

Shares of NASDAQ BND opened at $72.76 on Friday. The firm’s 50 day moving average price is $72.09 and its 200-day moving average price is $73.28. Vanguard Total Bond Market ETF has a 52-week low of $70.37 and a 52-week high of $75.67.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, February 5th. Investors of record on Monday, February 3rd were given a $0.2348 dividend. The ex-dividend date of this dividend was Monday, February 3rd. This is a boost from Vanguard Total Bond Market ETF’s previous dividend of $0.23.

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.