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

Manning & Napier Advisors LLC boosted its holdings in Vanguard Total Bond Market ETF (NASDAQ:BND) by 5.7% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 538,041 shares of the company’s stock after buying an additional 28,816 shares during the period. 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 and Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Hilton Head Capital Partners LLC bought a new stake in shares of Vanguard Total Bond Market ETF during the 4th quarter valued at $26,000. Wilkerson Advisory Group LLC bought a new position in Vanguard Total Bond Market ETF in the 4th quarter worth about $26,000. CKW Financial Group bought a new position in Vanguard Total Bond Market ETF in the 4th quarter worth about $28,000. Whittier Trust Co. of Nevada Inc. boosted its stake in Vanguard Total Bond Market ETF by 159.7% in the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 387 shares of the company’s stock worth $28,000 after purchasing an additional 238 shares during the period. Finally, Kelleher Financial Advisors purchased a new position in Vanguard Total Bond Market ETF during the 3rd quarter valued at about $32,000.

Vanguard Total Bond Market ETF Trading Down 0.1%

Shares of BND traded down $0.06 during midday trading on Friday, hitting $72.77. 7,170,406 shares of the company traded hands, compared to its average volume of 8,976,262. The stock has a 50-day moving average of $73.16 and a 200-day moving average of $73.76. Vanguard Total Bond Market ETF has a one year low of $72.34 and a one year high of $75.23.

Vanguard Total Bond Market ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, July 6th. Investors of record on Wednesday, July 1st were paid a dividend of $0.2445 per share. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a c) annualized dividend and a 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.