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On October 09, 2025, Voya Financial Advisors, Inc. announced the acquisition of 126,532 shares of the Vanguard Total Bond Market ETF (BND), valued at approximately $9.32 million based on the quarterly average price.
What Happened
In a filing with the Securities and Exchange Commission dated October 09, 2025, Voya Financial Advisors, Inc. reported the purchase of an additional 126,532 shares of Vanguard Total Bond Market ETF (BND -0.07%) during the quarter. This transaction raised the fund’s total holdings in BND to 1,935,848 shares.
What Else to Know
The increased stake in BND now constitutes 13.89% of Voya’s 13F Assets Under Management (AUM).
Top holdings following the filing include:
- VV (Vanguard Large-Cap ETF): $212,202,112 (20.5% of AUM)
- BND (Vanguard Total Bond Market ETF): $144.03 million (13.9% of AUM)
- VEU (Vanguard FTSE All-World ex-US ETF): $101.80 million (9.8% of AUM)
- USIG (iShares Broad USD Investment Grade Corporate Bond ETF): $45,560,981 (4.4% of AUM)
- SPTL (SPDR Portfolio Long-Term Treasury ETF): $45.52 million (4.4% of AUM)
As of October 8, 2025, shares of BND were priced at $74.28, reflecting a 0.32% increase for the year. The one-year alpha compared to the S&P 500 was -14.13 percentage points, while BND’s annualized dividend yield stood at 3.79% as of October 9, 2025.
Company Overview
| Metric | Value |
|---|---|
| AUM | $374.4 billion |
| Dividend Yield (TTM) | 3.79% |
| Price (as of market close 2025-10-08) | $74.28 |
| 1-Year Price Change | 6.1% |
Company Snapshot
The Vanguard Total Bond Market ETF (BND) is among the largest fixed-income ETFs, providing investors with extensive access to the U.S. investment-grade bond market. The fund aims to track a broad, investment-grade, taxable U.S. bond index, investing at least 80% of its assets in bonds included in this index.
BND’s portfolio primarily consists of U.S. dollar-denominated bonds with maturities exceeding one year, selected through a sampling process to closely align with the index’s risk and return characteristics.
This ETF caters to both institutional and retail investors looking for broad, cost-effective access to the U.S. fixed-income market.
Foolish Take
The Vanguard Total Bond Market ETF (BND) continues to garner institutional interest as investors seek stability and income amid an uncertain rate environment. The bond fund offers a broad reach across the U.S. investment-grade bond market, making it particularly appealing during times of volatility in equities, such as the ongoing U.S.-China trade tensions and elevated yields.
BND encompasses over 11,000 securities, blending U.S. Treasuries, corporate bonds, and mortgage-backed securities into one of the most diversified fixed-income portfolios available. Its current yield of approximately 3.8% provides steady income while maintaining credit quality and moderate duration risk. For Voya advisors, increasing exposure through a low-cost and transparent vehicle like BND reflects a strategic focus on resilience and disciplined asset allocation.
While short-term rate fluctuations can impact bond prices, BND’s scale and efficient structure make it a reliable core holding for both institutional and retail portfolios. As market conditions shift toward a lower-rate outlook, BND remains a practical option for capturing broad bond exposure and achieving steady total returns over time.
Glossary
Assets Under Management (AUM): The total market value of assets a fund or investment manager oversees on behalf of clients.
13F: A quarterly report filed by institutional investment managers to disclose their equity holdings to the SEC.
Dividend Yield: The annual dividend income an investment pays, expressed as a percentage of its current price.
Alpha: A measure of an investment’s performance relative to a benchmark, indicating value added or subtracted by active management.
ETF (Exchange-Traded Fund): An investment fund traded on stock exchanges, holding a basket of assets like stocks or bonds.
Investment-Grade: Bonds rated as relatively low risk of default by credit rating agencies, typically BBB/Baa or higher.
Sampling Process: A portfolio construction method where a subset of securities is selected to closely match an index’s characteristics.
Mortgage-Backed Securities: Bonds secured by a pool of home mortgages, with payments passed to investors.
Asset-Backed Securities: Bonds backed by pools of financial assets, such as loans or receivables, other than mortgages.
TTM: The 12-month period ending with the most recent quarterly report.
Reportable Assets: Assets that must be disclosed in regulatory filings, such as those reported in a 13F filing.
Stake: The amount or percentage of ownership an investor holds in a particular security or fund.
