BHK Investment Advisors LLC Invests $10.06 Million in Vanguard Total Bond Market ETF (BND)

BHK Investment Advisors LLC bought a new position in shares of Vanguard Total Bond Market ETF (NYSEARCA:BND) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 123,278 shares of the company’s stock, valued at approximately $10,056,000. Vanguard Total Bond Market ETF comprises 8.5% of BHK Investment Advisors LLC’s portfolio, making the stock its biggest position.

Other large investors also recently modified their holdings of the company. Envestnet Asset Management Inc. raised its stake in Vanguard Total Bond Market ETF by 89.7% during the third quarter. Envestnet Asset Management Inc. now owns 17,563,903 shares of the company’s stock valued at $1,439,533,000 after purchasing an additional 8,303,236 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its stake 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 in the last quarter. Wells Fargo & Company MN raised its stake 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 in the last quarter. Truepoint Inc. raised its stake in Vanguard Total Bond Market ETF by 8,696.2% during the third quarter. Truepoint Inc. now owns 1,040,851 shares of the company’s stock valued at $1,041,000 after purchasing an additional 1,029,018 shares in the last quarter. Finally, The Manufacturers Life Insurance Company raised its stake 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 in the last quarter.

Shares of Vanguard Total Bond Market ETF (BND) opened at $79.66 on Wednesday. Vanguard Total Bond Market ETF has a 12 month low of $79.53 and a 12 month high of $82.71.

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

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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.

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

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