Financial Advisors Network Inc. lifted its stake in Vanguard Total Bond Market ETF (NYSEARCA:BND) by 15.5% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 267,713 shares of the company’s stock after buying an additional 36,007 shares during the quarter. Vanguard Total Bond Market ETF makes up about 14.7% of Financial Advisors Network Inc.’s holdings, making the stock its biggest holding. Financial Advisors Network Inc.’s holdings in Vanguard Total Bond Market ETF were worth $21,837,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently modified their holdings of BND. Envestnet Asset Management Inc. raised its holdings in shares of Vanguard Total Bond Market ETF by 89.7% in the 3rd quarter. Envestnet Asset Management Inc. now owns 17,563,903 shares of the company’s stock worth $1,439,533,000 after buying an additional 8,303,236 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Vanguard Total Bond Market ETF by 16.8% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 15,294,119 shares of the company’s stock worth $1,247,599,000 after buying an additional 2,199,174 shares in the last quarter. Truepoint Inc. raised its holdings in shares of Vanguard Total Bond Market ETF by 8,696.2% in the 3rd quarter. Truepoint Inc. now owns 1,040,851 shares of the company’s stock worth $1,041,000 after buying an additional 1,029,018 shares in the last quarter. Acropolis Investment Management LLC raised its holdings in shares of Vanguard Total Bond Market ETF by 270.5% in the 4th quarter. Acropolis Investment Management LLC now owns 910,021 shares of the company’s stock worth $74,230,000 after buying an additional 664,392 shares in the last quarter. Finally, Betterment LLC raised its holdings in shares of Vanguard Total Bond Market ETF by 12.4% in the 3rd quarter. Betterment LLC now owns 3,266,203 shares of the company’s stock worth $267,698,000 after buying an additional 360,752 shares in the last quarter.

Vanguard Total Bond Market ETF (NYSEARCA:BND) opened at $79.57 on Monday. Vanguard Total Bond Market ETF has a twelve month low of $79.55 and a twelve month high of $82.71.

The business also recently announced a monthly dividend, which was paid on Tuesday, February 6th. Stockholders of record on Friday, February 2nd were issued a $0.1766 dividend. The ex-dividend date of this dividend was Thursday, February 1st. This is a boost from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.17. This represents a $2.12 dividend on an annualized basis and a dividend yield of 2.66%.

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About Vanguard Total Bond Market ETF

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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