Vanguard Total Bond Market ETF (NASDAQ:BND) Stock Position Decreased by Manning & Napier Advisors LLC

Manning & Napier Advisors LLC trimmed its stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 8.8% during the fourth quarter, Holdings Channel reports. The firm owned 427,497 shares of the company’s stock after selling 41,078 shares during the period. Manning & Napier Advisors LLC’s holdings in Vanguard Total Bond Market ETF were worth $30,741,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Paladin Advisory Group LLC acquired a new position in Vanguard Total Bond Market ETF during the 4th quarter valued at about $232,000. Strategic Blueprint LLC raised its position in shares of Vanguard Total Bond Market ETF by 28.2% during the 4th quarter. Strategic Blueprint LLC now owns 6,673 shares of the company’s stock worth $480,000 after buying an additional 1,469 shares in the last quarter. HT Partners LLC lifted its position in Vanguard Total Bond Market ETF by 330.3% in the fourth quarter. HT Partners LLC now owns 85,688 shares of the company’s stock worth $6,162,000 after purchasing an additional 65,774 shares during the period. McKinley Carter Wealth Services Inc. lifted its position in Vanguard Total Bond Market ETF by 30.0% in the fourth quarter. McKinley Carter Wealth Services Inc. now owns 198,644 shares of the company’s stock worth $14,285,000 after purchasing an additional 45,803 shares during the period. Finally, Verus Wealth Management LLC bought a new position in Vanguard Total Bond Market ETF during the fourth quarter valued at about $5,115,000.

Vanguard Total Bond Market ETF Trading Up 0.1 %

BND stock traded up $0.05 during trading hours on Wednesday, hitting $72.43. 1,686,172 shares of the stock traded hands, compared to its average volume of 6,851,318. The stock has a 50-day simple moving average of $72.38 and a 200 day simple moving average of $73.39. 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 firm also recently disclosed a dividend, which was paid on Friday, December 27th. Stockholders of record on Tuesday, December 24th were paid a $0.2334 dividend. The ex-dividend date was Tuesday, December 24th. This is a boost from Vanguard Total Bond Market ETF’s previous dividend of $0.23.

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.