Bank of Hawaii Increases Holdings in Vanguard Total Bond Market ETF (NASDAQ:BND)

Bank of Hawaii raised its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 7.5% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 231,869 shares of the company’s stock after acquiring an additional 16,155 shares during the period. Vanguard Total Bond Market ETF makes up 0.7% of Bank of Hawaii’s portfolio, making the stock its 22nd biggest position. Bank of Hawaii’s holdings in Vanguard Total Bond Market ETF were worth $17,416,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently modified their holdings of the company. Creative Planning raised its holdings in Vanguard Total Bond Market ETF by 11.5% in the 2nd quarter. Creative Planning now owns 84,438,154 shares of the company’s stock worth $6,083,769,000 after acquiring an additional 8,691,058 shares during the last quarter. Arizona PSPRS Trust purchased a new position in shares of Vanguard Total Bond Market ETF in the second quarter worth $472,909,000. Axiom Advisory LLC lifted its holdings in shares of Vanguard Total Bond Market ETF by 20.7% during 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 in the last quarter. Cetera Investment Advisers boosted its position in shares of Vanguard Total Bond Market ETF by 123.9% during the first quarter. Cetera Investment Advisers now owns 4,807,301 shares of the company’s stock valued at $349,154,000 after buying an additional 2,660,678 shares during the last quarter. Finally, Strategic Financial Concepts LLC increased its holdings in Vanguard Total Bond Market ETF by 4,630.7% in the 2nd quarter. Strategic Financial Concepts LLC now owns 2,136,615 shares of the company’s stock worth $153,943,000 after buying an additional 2,091,450 shares in the last quarter.

Vanguard Total Bond Market ETF Price Performance

Shares of NASDAQ:BND opened at $72.59 on Monday. The business has a 50-day simple moving average of $73.75 and a two-hundred day simple moving average of $73.28. Vanguard Total Bond Market ETF has a fifty-two week low of $70.37 and a fifty-two week high of $75.67.

Vanguard Total Bond Market ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, November 5th. Investors of record on Friday, November 1st were given a dividend of $0.2276 per share. This is an increase from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.22. The ex-dividend date was Friday, November 1st. This represents a $2.73 dividend on an annualized basis and a yield of 3.76%.

Vanguard Total Bond Market ETF 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.