The Manufacturers Life Insurance Company Increases Holdings in Vanguard Total Bond Market ETF (NASDAQ:BND)

The Manufacturers Life Insurance Company increased its holdings in Vanguard Total Bond Market ETF (NASDAQ:BND) by 5.2% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 11,045,127 shares of the company’s stock after buying an additional 548,650 shares during the period. Vanguard Total Bond Market ETF accounts for about 0.7% of The Manufacturers Life Insurance Company’s portfolio, making the stock its 22nd biggest position. The Manufacturers Life Insurance Company’s holdings in Vanguard Total Bond Market ETF were worth $829,599,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of BND. Creative Planning boosted its stake in shares of Vanguard Total Bond Market ETF by 8.6% during the 3rd 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. 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 increased its position in shares of 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 buying an additional 417,578 shares in the last quarter. LPL Financial LLC raised its stake in shares of Vanguard Total Bond Market ETF by 3.7% during the 3rd quarter. LPL Financial LLC now owns 14,487,899 shares of the company’s stock worth $1,088,186,000 after buying an additional 518,083 shares during the period. Finally, Sei Investments Co. lifted its position in shares of 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 buying an additional 746,645 shares in the last quarter.

Vanguard Total Bond Market ETF Price Performance

Shares of NASDAQ BND opened at $73.26 on Tuesday. The firm has a fifty day moving average of $73.70 and a 200 day moving average of $73.29. Vanguard Total Bond Market ETF has a one year low of $70.37 and a one year high of $75.67.

Vanguard Total Bond Market ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, November 5th. Investors of record on Friday, November 1st were paid a $0.2276 dividend. The ex-dividend date was Friday, November 1st. This is a positive change from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.22. This represents a $2.73 dividend on an annualized basis and a yield of 3.73%.

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.