Manuka Financial LLC Buys Shares of 44,675 Vanguard Total Bond Market ETF (NASDAQ:BND)

Manuka Financial LLC purchased a new stake in Vanguard Total Bond Market ETF (NASDAQ:BND) in the fourth quarter, HoldingsChannel reports. The firm purchased 44,675 shares of the company’s stock, valued at approximately $3,213,000. Vanguard Total Bond Market ETF makes up approximately 2.2% of Manuka Financial LLC’s investment portfolio, making the stock its 12th largest position.

Several other hedge funds and other institutional investors have also made changes to their positions in BND. AQR Capital Management LLC lifted its stake in Vanguard Total Bond Market ETF by 244.9% in the 2nd quarter. AQR Capital Management LLC now owns 10,865 shares of the company’s stock valued at $783,000 after buying an additional 7,715 shares in the last quarter. Centaurus Financial Inc. lifted its position in shares of Vanguard Total Bond Market ETF by 5.5% in the second quarter. Centaurus Financial Inc. now owns 23,005 shares of the company’s stock valued at $1,658,000 after acquiring an additional 1,207 shares in the last quarter. American National Bank & Trust lifted its position in shares of Vanguard Total Bond Market ETF by 79.2% in the third quarter. American National Bank & Trust now owns 1,097 shares of the company’s stock valued at $82,000 after acquiring an additional 485 shares in the last quarter. Massmutual Trust Co. FSB ADV boosted its stake in shares of Vanguard Total Bond Market ETF by 18.6% during the third quarter. Massmutual Trust Co. FSB ADV now owns 62,503 shares of the company’s stock valued at $4,695,000 after acquiring an additional 9,815 shares during the last quarter. Finally, Wiser Wealth Management Inc increased its position in Vanguard Total Bond Market ETF by 22.1% during the 3rd quarter. Wiser Wealth Management Inc now owns 60,390 shares of the company’s stock worth $4,536,000 after purchasing an additional 10,947 shares in the last quarter.

Vanguard Total Bond Market ETF Stock Performance

NASDAQ:BND opened at $72.34 on Friday. Vanguard Total Bond Market ETF has a 12-month low of $70.37 and a 12-month high of $75.67. The company’s 50-day moving average is $72.37 and its two-hundred day moving average is $73.37.

Vanguard Total Bond Market ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 27th. Investors of record on Tuesday, December 24th were paid a dividend of $0.2334 per share. This is an increase from Vanguard Total Bond Market ETF’s previous dividend of $0.23. The ex-dividend date was Tuesday, December 24th.

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.