Vanguard Total Bond Market ETF (NASDAQ:BND) Shares Sold by The Manufacturers Life Insurance Company

The Manufacturers Life Insurance Company cut its holdings in Vanguard Total Bond Market ETF (NASDAQ:BND) by 3.7% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 10,496,477 shares of the company’s stock after selling 399,278 shares during the quarter. Vanguard Total Bond Market ETF accounts for 0.7% of The Manufacturers Life Insurance Company’s investment portfolio, making the stock its 24th largest position. The Manufacturers Life Insurance Company owned about 0.70% of Vanguard Total Bond Market ETF worth $756,575,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in BND. Creative Planning boosted its position in Vanguard Total Bond Market ETF by 10.1% during the fourth quarter. Creative Planning now owns 61,103,613 shares of the company’s stock worth $4,494,171,000 after acquiring an additional 5,594,165 shares during the last quarter. Vanguard Group Inc. lifted its position in Vanguard Total Bond Market ETF by 20.1% during the first quarter. Vanguard Group Inc. now owns 37,326,573 shares of the company’s stock worth $2,711,029,000 after buying an additional 6,253,040 shares in the last quarter. Envestnet Asset Management Inc. boosted its stake in Vanguard Total Bond Market ETF by 0.6% during the fourth quarter. Envestnet Asset Management Inc. now owns 18,752,172 shares of the company’s stock worth $1,379,222,000 after buying an additional 104,945 shares during the last quarter. Morningstar Investment Services LLC grew its holdings in Vanguard Total Bond Market ETF by 90.1% in the 4th quarter. Morningstar Investment Services LLC now owns 17,898,072 shares of the company’s stock valued at $1,319,534,000 after buying an additional 8,482,025 shares in the last quarter. Finally, Allworth Financial LP increased its stake in shares of Vanguard Total Bond Market ETF by 5.3% in the 1st quarter. Allworth Financial LP now owns 16,564,654 shares of the company’s stock worth $1,203,091,000 after acquiring an additional 828,500 shares during the last quarter.

Vanguard Total Bond Market ETF Stock Performance

BND opened at $75.06 on Friday. Vanguard Total Bond Market ETF has a one year low of $67.99 and a one year high of $75.67. The business’s 50 day moving average price is $74.31 and its 200 day moving average price is $72.72.

Vanguard Total Bond Market ETF Increases Dividend

The company also recently declared 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 a boost from Vanguard Total Bond Market ETF’s previous dividend of $0.22. The ex-dividend date was Tuesday, September 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.