Carr Financial Group's Defensive Bond Moves

Core Insights - Carr Financial Group Corp disclosed an increase in its holdings of Vanguard Total Bond Market ETF by 78,520 shares, valued at approximately $6.09 million, bringing total holdings to 416,423 shares worth $30.97 million as of Q3 2025 [1][2][3] Investment Position - The purchase of Vanguard Total Bond Market ETF (BND) now constitutes 8.5% of Carr Financial's reportable assets under management (AUM) [3][7] - BND remains the top holding in Carr Financial's portfolio, which includes other significant ETFs [3][6] ETF Performance Metrics - As of October 7, 2025, BND shares were priced at $74.28, reflecting a 0.47% increase over the past year, but underperforming the S&P 500 by 12.62 percentage points [3][4] - The ETF has a dividend yield of 3.76% and net assets amounting to $374.4 billion as of September 30, 2025 [4][5] Broader Investment Strategy - Carr Financial's bond exposure has slightly increased, with a notable purchase of $10.14 million in SPDR Gold Shares ETF, indicating a shift towards defensive investments [6][9] - The firm's defensive investments rose from nearly 14% of its portfolio in Q2 to 20% by the end of Q3 2025 [9] Other Holdings - Carr Financial also increased its position in Vanguard Dividend Appreciation ETF to $25.74 million and holds significant investments in emerging market equities through iShares Msci Emerging Markets Ex China ETF [7][10]