Manning & Napier Advisors LLC Acquires 28,816 Shares of Vanguard Total Bond Market ETF $BND

Manning & Napier Advisors LLC raised its holdings in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 5.7% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 538,041 shares of the company’s stock after buying an additional 28,816 shares during the quarter. Manning & Napier Advisors LLC’s holdings in Vanguard Total Bond Market ETF were worth $39,621,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in BND. Morgan Stanley raised its holdings in shares of Vanguard Total Bond Market ETF by 15.0% in the 4th quarter. Morgan Stanley now owns 124,929,480 shares of the company’s stock valued at $9,253,527,000 after acquiring an additional 16,287,510 shares in the last quarter. Creative Planning grew its holdings in shares of Vanguard Total Bond Market ETF by 8.7% during the third quarter. Creative Planning now owns 124,942,968 shares of the company’s stock worth $9,292,008,000 after purchasing an additional 10,046,828 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of Vanguard Total Bond Market ETF by 6.3% in the fourth quarter. JPMorgan Chase & Co. now owns 139,629,587 shares of the company’s stock worth $10,342,364,000 after purchasing an additional 8,283,073 shares during the last quarter. Vanguard Group Inc. increased its position in shares of Vanguard Total Bond Market ETF by 9.7% in the fourth quarter. Vanguard Group Inc. now owns 78,903,250 shares of the company’s stock worth $5,844,363,000 after purchasing an additional 6,989,480 shares during the last quarter. Finally, Valpey Financial Services LLC increased its position in shares of Vanguard Total Bond Market ETF by 7,708.3% in the fourth quarter. Valpey Financial Services LLC now owns 5,236,930 shares of the company’s stock worth $387,899,000 after purchasing an additional 5,169,861 shares during the last quarter.

Vanguard Total Bond Market ETF Trading Down 0.1%

BND traded down $0.06 on Friday, reaching $72.77. The company had a trading volume of 7,170,406 shares, compared to its average volume of 8,976,262. Vanguard Total Bond Market ETF has a 52-week low of $72.34 and a 52-week high of $75.23. The business has a 50 day simple moving average of $73.16 and a 200 day simple moving average of $73.76.

Vanguard Total Bond Market ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Monday, July 6th. Stockholders of record on Wednesday, July 1st were issued a $0.2445 dividend. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.0%.

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.