Manuka Financial LLC Has $4.51 Million Stake in Vanguard Total Bond Market ETF $BND

Manuka Financial LLC boosted its position in Vanguard Total Bond Market ETF (NASDAQ:BND) by 6.0% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 61,291 shares of the company’s stock after purchasing an additional 3,489 shares during the period. Vanguard Total Bond Market ETF comprises 2.5% of Manuka Financial LLC’s investment portfolio, making the stock its 10th biggest position. Manuka Financial LLC’s holdings in Vanguard Total Bond Market ETF were worth $4,513,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in BND. Northwestern Mutual Wealth Management Co. boosted its stake in Vanguard Total Bond Market ETF by 1.7% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 118,916,992 shares of the company’s stock valued at $8,734,453,000 after acquiring an additional 1,988,719 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in shares of Vanguard Total Bond Market ETF by 4.2% in the 1st quarter. JPMorgan Chase & Co. now owns 103,233,592 shares of the company’s stock worth $7,582,692,000 after buying an additional 4,139,203 shares during the last quarter. Vanguard Group Inc. grew its holdings in shares of Vanguard Total Bond Market ETF by 8.2% during the 1st quarter. Vanguard Group Inc. now owns 62,787,251 shares of the company’s stock valued at $4,611,723,000 after purchasing an additional 4,743,753 shares during the last quarter. Allworth Financial LP grew its holdings in Vanguard Total Bond Market ETF by 1.0% in the 1st quarter. Allworth Financial LP now owns 19,514,987 shares of the company’s stock worth $1,423,423,000 after acquiring an additional 193,124 shares during the last quarter. Finally, LPL Financial LLC grew its holdings in Vanguard Total Bond Market ETF by 3.1% in the 1st quarter. LPL Financial LLC now owns 15,761,081 shares of the company’s stock worth $1,157,651,000 after acquiring an additional 469,511 shares during the last quarter.

Vanguard Total Bond Market ETF Stock Down 0.2%

NASDAQ:BND opened at $74.92 on Friday. The company has a 50-day moving average price of $74.26 and a 200-day moving average price of $73.33. Vanguard Total Bond Market ETF has a 12 month low of $71.10 and a 12 month high of $75.15.

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.