Bank of Hawaii Grows Stock Position in Vanguard Total Bond Market ETF (NASDAQ:BND)

Bank of Hawaii increased its holdings in Vanguard Total Bond Market ETF (NASDAQ:BND) by 7.5% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 231,869 shares of the company’s stock after acquiring an additional 16,155 shares during the quarter. Vanguard Total Bond Market ETF accounts for 0.7% of Bank of Hawaii’s portfolio, making the stock its 22nd largest position. Bank of Hawaii’s holdings in Vanguard Total Bond Market ETF were worth $17,416,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the business. Creative Planning grew its position in shares of Vanguard Total Bond Market ETF by 8.6% during the 3rd quarter. Creative Planning now owns 91,686,451 shares of the company’s stock valued at $6,886,569,000 after acquiring an additional 7,248,297 shares during the period. Axiom Advisory LLC grew its holdings in Vanguard Total Bond Market ETF by 20.7% during the third 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 during the period. Allworth Financial LP increased its position in Vanguard Total Bond Market ETF by 2.4% in the third quarter. Allworth Financial LP now owns 17,657,405 shares of the company’s stock worth $1,326,248,000 after buying an additional 417,578 shares in the last quarter. LPL Financial LLC increased its position in Vanguard Total Bond Market ETF by 3.7% in the third quarter. LPL Financial LLC now owns 14,487,899 shares of the company’s stock worth $1,088,186,000 after buying an additional 518,083 shares in the last quarter. Finally, Sei Investments Co. raised its stake in shares of Vanguard Total Bond Market ETF by 6.3% in the second quarter. Sei Investments Co. now owns 12,675,128 shares of the company’s stock worth $913,244,000 after buying an additional 746,645 shares during the period.

Vanguard Total Bond Market ETF Trading Up 0.0 %

Shares of NASDAQ:BND opened at $72.59 on Monday. The stock has a 50 day moving average of $73.75 and a 200 day moving average of $73.28. Vanguard Total Bond Market ETF has a 12-month low of $70.37 and a 12-month high of $75.67.

Vanguard Total Bond Market ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, November 5th. Shareholders of record on Friday, November 1st were given a $0.2276 dividend. This is a positive change from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.22. This represents a $2.73 dividend on an annualized basis and a dividend yield of 3.76%. The ex-dividend date was Friday, November 1st.

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.