Elios Financial Group Inc. Makes New $5.68 Million Investment in Vanguard Total Bond Market ETF (NASDAQ:BND)

Elios Financial Group Inc. bought a new stake in Vanguard Total Bond Market ETF (NASDAQ:BND) during the third quarter, Holdings Channel.com reports. The fund bought 75,579 shares of the company’s stock, valued at approximately $5,677,000. Vanguard Total Bond Market ETF accounts for approximately 2.6% of Elios Financial Group Inc.’s holdings, making the stock its 10th largest position.

Several other hedge funds have also bought and sold shares of the stock. The Manufacturers Life Insurance Company increased its stake in Vanguard Total Bond Market ETF by 5.2% in the third quarter. The Manufacturers Life Insurance Company now owns 11,045,127 shares of the company’s stock valued at $829,599,000 after acquiring an additional 548,650 shares during the last quarter. Bank of Montreal Can boosted its holdings in shares of Vanguard Total Bond Market ETF by 12.8% in the 3rd quarter. Bank of Montreal Can now owns 158,084 shares of the company’s stock worth $11,901,000 after purchasing an additional 17,987 shares in the last quarter. Acorn Wealth Advisors LLC increased its position in shares of Vanguard Total Bond Market ETF by 24.6% during the 3rd quarter. Acorn Wealth Advisors LLC now owns 259,540 shares of the company’s stock valued at $19,494,000 after purchasing an additional 51,181 shares during the last quarter. Associated Banc Corp raised its holdings in shares of Vanguard Total Bond Market ETF by 20.0% during the 3rd quarter. Associated Banc Corp now owns 128,645 shares of the company’s stock valued at $9,663,000 after buying an additional 21,481 shares in the last quarter. Finally, Diversified LLC lifted its position in Vanguard Total Bond Market ETF by 30.3% in the 3rd quarter. Diversified LLC now owns 3,747 shares of the company’s stock worth $281,000 after buying an additional 872 shares during the last quarter.

Vanguard Total Bond Market ETF Price Performance

BND stock opened at $73.26 on Tuesday. Vanguard Total Bond Market ETF has a one year low of $70.37 and a one year high of $75.67. The company’s 50 day moving average price is $73.70 and its two-hundred day moving average price is $73.29.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, November 5th. Investors of record on Friday, November 1st were given a $0.2276 dividend. This represents a $2.73 dividend on an annualized basis and a yield of 3.73%. The ex-dividend date of this dividend was Friday, November 1st. This is a boost from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.22.

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.