Vanguard Total Bond Market ETF (NASDAQ:BND) is Voya Financial Advisors Inc.’s 2nd Largest Position

Voya Financial Advisors Inc. grew its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 1.9% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 1,531,732 shares of the company’s stock after purchasing an additional 28,488 shares during the period. Vanguard Total Bond Market ETF comprises 12.4% of Voya Financial Advisors Inc.’s investment portfolio, making the stock its 2nd biggest position. Voya Financial Advisors Inc.’s holdings in Vanguard Total Bond Market ETF were worth $115,309,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of BND. Creative Planning grew its position in Vanguard Total Bond Market ETF by 11.5% during the second quarter. Creative Planning now owns 84,438,154 shares of the company’s stock valued at $6,083,769,000 after buying an additional 8,691,058 shares during the period. Arizona PSPRS Trust acquired a new stake in shares of Vanguard Total Bond Market ETF during the 2nd quarter valued at about $472,909,000. Axiom Advisory LLC increased its stake in shares of Vanguard Total Bond Market ETF by 20.7% in the 3rd quarter. Axiom Advisory LLC now owns 27,905,696 shares of the company’s stock valued at $2,065,731,000 after purchasing an additional 4,794,485 shares in the last quarter. Strategic Financial Concepts LLC raised its holdings in Vanguard Total Bond Market ETF by 4,630.7% in the 2nd quarter. Strategic Financial Concepts LLC now owns 2,136,615 shares of the company’s stock worth $153,943,000 after purchasing an additional 2,091,450 shares during the period. Finally, State Street Corp boosted its position in Vanguard Total Bond Market ETF by 86.9% during the third quarter. State Street Corp now owns 4,008,284 shares of the company’s stock worth $301,062,000 after purchasing an additional 1,863,233 shares in the last quarter.

Vanguard Total Bond Market ETF Price Performance

Shares of BND opened at $73.51 on Friday. Vanguard Total Bond Market ETF has a 12 month low of $70.37 and a 12 month high of $75.67. The stock’s 50 day moving average is $73.40 and its two-hundred day moving average is $73.36.

Vanguard Total Bond Market ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, November 5th. Investors of record on Friday, November 1st were issued a $0.2276 dividend. This represents a $2.73 annualized dividend and a yield of 3.72%. The ex-dividend date was Friday, November 1st. This is a positive change from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.22.

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.