Rehmann Capital Advisory Group Bolsters Position in Vanguard Total International Bond ETF

In an investment update for the second quarter, Rehmann Capital Advisory Group reported a notable increase in its holdings of the Vanguard Total International Bond ETF (NASDAQ: BNDX). Following a purchase of an additional 44,101 shares, the financial advisory firm's stake in the ETF climbed by 16.5%, bringing its total ownership to 311,213 shares. The holdings in BNDX now represent about 1.3% of Rehmann's portfolio, ranking as its 15th largest investment.

Investment Movements by Other Major Players

Aside from Rehmann, several key investors have also adjusted their stakes in the BNDX ETF. JPMorgan Chase & Co. has raised its investment by 4.7%, now holding over 211 million shares worth approximately $10.35 billion. Bank of America Corp DE saw a substantial increase of 41.6% during the first quarter, and now holds close to 89.5 million shares. Enhanced investments were also evident from Envestnet Asset Management Inc. and Betterment LLC, with the former increasing its stake by 6.6%, and the latter by 2.5%. Vanguard Group Inc. also hiked its share ownership by 5.6%.

Recent Performance of Vanguard Total International Bond ETF

As of its recent performance metrics, the Vanguard Total International Bond ETF opened at $49.74. The ETF has shown stability with a 50-day moving average of $48.41 and a 200-day moving average of $48.45. Its 1-year performance has a low of $47.30 and a high of $49.92.

Dividend Increase for BNDX Shareholders

The ETF has also declared an increase in its monthly dividend distributions. Shareholders recorded as of December 4th received a payment of $0.0873 per share on December 6th, marking an annualized dividend rate of $1.05 and representing a yield of 2.11%. This payout is an uplift from the previous $0.08 monthly dividend.

Overview of Vanguard Total International Bond ETF

Vanguard Total International Bond ETF primarily invests in non-USD denominated, investment-grade fixed income securities. Aimed at track an investment-grade bond index while protecting against currency volatility, the BNDX fund was incepted on June 4, 2013 and is managed by Vanguard.

Rehmann, Vanguard, BNDX