Vanguard Total Bond Market ETF (NASDAQ:BND) is Sofi Wealth LLC’s 5th Largest Position

Sofi Wealth LLC lifted its position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 12.5% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 917,388 shares of the company’s stock after buying an additional 101,581 shares during the quarter. Vanguard Total Bond Market ETF makes up 5.1% of Sofi Wealth LLC’s investment portfolio, making the stock its 5th largest position. Sofi Wealth LLC’s holdings in Vanguard Total Bond Market ETF were worth $68,905,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Creative Planning grew its holdings in shares of Vanguard Total Bond Market ETF by 8.6% during the third quarter. Creative Planning now owns 91,686,451 shares of the company’s stock worth $6,886,569,000 after buying an additional 7,248,297 shares in the last quarter. Vanguard Group Inc. grew its holdings in 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 valued at $2,711,029,000 after purchasing an additional 6,253,040 shares during the period. Axiom Advisory LLC grew its holdings in 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 valued at $2,065,731,000 after purchasing an additional 4,794,485 shares during the period. Allworth Financial LP grew its holdings in 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 valued at $1,326,248,000 after purchasing an additional 417,578 shares during the period. Finally, Sei Investments Co. grew its holdings in 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 valued at $913,244,000 after purchasing an additional 746,645 shares during the period.

Vanguard Total Bond Market ETF Price Performance

Vanguard Total Bond Market ETF stock traded down $0.28 during trading on Friday, reaching $72.54. The company had a trading volume of 6,409,880 shares, compared to its average volume of 6,545,016. Vanguard Total Bond Market ETF has a 12-month low of $69.22 and a 12-month high of $75.67. The stock’s 50 day moving average price is $74.41 and its two-hundred day moving average price is $73.08.

Vanguard Total Bond Market ETF Increases Dividend

The business also recently announced a monthly dividend, which will be paid on Tuesday, November 5th. Investors of record on Friday, November 1st will be issued a $0.2276 dividend. This represents a $2.73 dividend on an annualized basis and a yield of 3.77%. This is an increase from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.22. The ex-dividend date is Friday, November 1st.

About Vanguard Total Bond Market ETF

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.