D.B. Root & Company LLC acquired a new stake in shares of Vanguard Total Bond Market ETF (NYSEARCA:BND) during the 4th quarter, HoldingsChannel reports. The fund acquired 53,229 shares of the company’s stock, valued at approximately $4,342,000. Vanguard Total Bond Market ETF accounts for about 3.7% of D.B. Root & Company LLC’s portfolio, making the stock its 5th biggest position.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Jones Financial Companies Lllp lifted its holdings in Vanguard Total Bond Market ETF by 2.9% during the fourth quarter. Jones Financial Companies Lllp now owns 54,011,847 shares of the company’s stock valued at $4,405,746,000 after purchasing an additional 1,546,774 shares during the last quarter. Envestnet Asset Management Inc. lifted its holdings in Vanguard Total Bond Market ETF by 13.8% during the fourth quarter. Envestnet Asset Management Inc. now owns 19,989,936 shares of the company’s stock valued at $1,630,581,000 after purchasing an additional 2,426,033 shares during the last quarter. Wells Fargo & Company MN lifted its holdings in Vanguard Total Bond Market ETF by 8.6% during the fourth quarter. Wells Fargo & Company MN now owns 18,835,070 shares of the company’s stock valued at $1,536,377,000 after purchasing an additional 1,492,824 shares during the last quarter. The Manufacturers Life Insurance Company lifted its holdings in Vanguard Total Bond Market ETF by 6.2% during the fourth quarter. The Manufacturers Life Insurance Company now owns 15,843,331 shares of the company’s stock valued at $1,292,340,000 after purchasing an additional 918,173 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its holdings in Vanguard Total Bond Market ETF by 16.8% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 15,294,119 shares of the company’s stock valued at $1,247,599,000 after purchasing an additional 2,199,174 shares during the last quarter.

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Shares of Vanguard Total Bond Market ETF stock opened at $79.37 on Thursday. Vanguard Total Bond Market ETF has a fifty-two week low of $79.14 and a fifty-two week high of $82.71.

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, March 6th. Shareholders of record on Friday, March 2nd were issued a dividend of $0.1653 per share. This represents a $1.98 annualized dividend and a yield of 2.50%. The ex-dividend date was Thursday, March 1st.

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Vanguard Total Bond Market ETF Profile

Vanguard Total Bond Market ETF (the Fund) seeks to track the performance of a market-weighted bond index. The Fund employs a passive management or indexing investment approach designed to track the performance of the Barclays Capital U.S. Aggregate Bond Index (the Index). The Index measures a spectrum of public, investment-grade, taxable, fixed-income securities in the United States, including government, corporate and international dollar-denominated bonds, as well as mortgage-backed and asset-backed securities, all with maturities of more than one year.

Want to see what other hedge funds are holding BND? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vanguard Total Bond Market ETF (NYSEARCA:BND).

Institutional Ownership by Quarter for Vanguard Total Bond Market ETF (NYSEARCA:BND)

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