First Financial Bankshares Inc Has $172.33 Million Position in Vanguard Total Bond Market ETF (NASDAQ:BND)

First Financial Bankshares Inc grew its position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 2.5% in the 4th quarter, Holdings Channel reports. The firm owned 2,396,447 shares of the company’s stock after acquiring an additional 58,152 shares during the quarter. Vanguard Total Bond Market ETF accounts for about 3.7% of First Financial Bankshares Inc’s portfolio, making the stock its 5th largest holding. First Financial Bankshares Inc’s holdings in Vanguard Total Bond Market ETF were worth $172,329,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. increased its stake in shares of Vanguard Total Bond Market ETF by 5.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 89,037,239 shares of the company’s stock valued at $6,687,587,000 after acquiring an additional 4,687,550 shares in the last quarter. Essential Planning LLC. increased its stake in shares of Vanguard Total Bond Market ETF by 6,541.0% in the 4th quarter. Essential Planning LLC. now owns 45,844,512 shares of the company’s stock valued at $3,352,920,000 after acquiring an additional 45,154,186 shares in the last quarter. Wealthfront Advisers LLC increased its stake in shares of Vanguard Total Bond Market ETF by 2,218.3% in the 4th quarter. Wealthfront Advisers LLC now owns 29,325,200 shares of the company’s stock valued at $2,108,775,000 after acquiring an additional 28,060,256 shares in the last quarter. Allworth Financial LP increased its stake 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 valued at $1,391,367,000 after acquiring an additional 1,664,458 shares in the last quarter. Finally, LPL Financial LLC increased its stake in shares of Vanguard Total Bond Market ETF by 3.7% in the 3rd quarter. LPL Financial LLC now owns 14,487,899 shares of the company’s stock valued at $1,088,186,000 after acquiring an additional 518,083 shares in the last quarter.

Vanguard Total Bond Market ETF Trading Up 0.1 %

NASDAQ:BND opened at $73.13 on Wednesday. The company has a fifty day moving average of $72.49 and a 200-day moving average of $73.14. Vanguard Total Bond Market ETF has a twelve month low of $70.37 and a twelve month high of $75.67.

Vanguard Total Bond Market ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Wednesday, March 5th. Investors of record on Monday, March 3rd were given a $0.2195 dividend. The ex-dividend date of this dividend was Monday, March 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.