Vanguard Total Bond Market ETF (NASDAQ:BND) Shares Bought by Farmers & Merchants Investments Inc.

Farmers & Merchants Investments Inc. grew its position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 5.7% during the 3rd quarter, Holdings Channel.com reports. The firm owned 630,458 shares of the company’s stock after purchasing an additional 34,096 shares during the quarter. Vanguard Total Bond Market ETF accounts for 1.5% of Farmers & Merchants Investments Inc.’s holdings, making the stock its 11th largest holding. Farmers & Merchants Investments Inc.’s holdings in Vanguard Total Bond Market ETF were worth $47,354,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently modified their holdings of BND. Creative Planning boosted its position in shares of Vanguard Total Bond Market ETF by 8.6% in the third quarter. Creative Planning now owns 91,686,451 shares of the company’s stock worth $6,886,569,000 after acquiring an additional 7,248,297 shares during the last quarter. Vanguard Group Inc. boosted its position in shares of Vanguard Total Bond Market ETF by 20.1% in the first quarter. Vanguard Group Inc. now owns 37,326,573 shares of the company’s stock worth $2,711,029,000 after acquiring an additional 6,253,040 shares during the last quarter. Axiom Advisory LLC boosted its position in shares of Vanguard Total Bond Market ETF by 20.7% in the third quarter. Axiom Advisory LLC now owns 27,905,696 shares of the company’s stock worth $2,065,731,000 after acquiring an additional 4,794,485 shares during the last quarter. Allworth Financial LP boosted its position in shares of Vanguard Total Bond Market ETF by 2.4% in the third quarter. Allworth Financial LP now owns 17,657,405 shares of the company’s stock worth $1,326,248,000 after acquiring an additional 417,578 shares during the last quarter. Finally, Sei Investments Co. boosted its position in shares of Vanguard Total Bond Market ETF by 6.3% in the second quarter. Sei Investments Co. now owns 12,675,128 shares of the company’s stock worth $913,244,000 after acquiring an additional 746,645 shares during the last quarter.

Vanguard Total Bond Market ETF Trading Down 0.3 %

NASDAQ BND traded down $0.23 during mid-day trading on Tuesday, hitting $72.84. The company’s stock had a trading volume of 629,089 shares, compared to its average volume of 6,533,457. Vanguard Total Bond Market ETF has a 52-week low of $68.39 and a 52-week high of $75.67. The stock’s fifty day simple moving average is $74.54 and its two-hundred day simple moving average is $73.04.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, September 5th. Investors of record on Tuesday, September 3rd were issued a $0.2255 dividend. This is a positive change from Vanguard Total Bond Market ETF’s previous dividend of $0.22. The ex-dividend date of this dividend was Tuesday, September 3rd.

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.