Richardson Financial Services Inc. Purchases 6,882 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

Richardson Financial Services Inc. grew its holdings in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 81.6% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 15,313 shares of the company’s stock after buying an additional 6,882 shares during the period. Richardson Financial Services Inc.’s holdings in Vanguard Total Bond Market ETF were worth $1,124,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Creative Planning boosted its holdings in 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 in the last quarter. Vanguard Group Inc. boosted its stake in Vanguard Total Bond Market ETF by 20.1% in the 1st quarter. Vanguard Group Inc. now owns 37,326,573 shares of the company’s stock worth $2,711,029,000 after purchasing an additional 6,253,040 shares in the last quarter. Axiom Advisory LLC boosted its stake in Vanguard Total Bond Market ETF by 20.7% in the 3rd quarter. Axiom Advisory LLC now owns 27,905,696 shares of the company’s stock worth $2,065,731,000 after purchasing an additional 4,794,485 shares in the last quarter. Allworth Financial LP increased its stake in Vanguard Total Bond Market ETF by 2.4% during the 3rd 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 in the last quarter. Finally, Sei Investments Co. increased its stake in Vanguard Total Bond Market ETF by 6.3% during the 2nd 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 in the last quarter.

Vanguard Total Bond Market ETF Trading Down 0.2 %

Shares of NASDAQ BND traded down $0.15 during midday trading on Friday, hitting $73.16. The stock had a trading volume of 4,641,724 shares, compared to its average volume of 6,571,402. The business’s 50 day moving average is $74.57 and its 200-day moving average is $73.01. Vanguard Total Bond Market ETF has a 52 week low of $68.34 and a 52 week high of $75.67.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, September 5th. Shareholders of record on Tuesday, September 3rd were paid a dividend of $0.2255 per share. This is an increase from Vanguard Total Bond Market ETF’s previous dividend of $0.22. The ex-dividend date was Tuesday, September 3rd.

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.