Institutional investors boosted holdings in Vanguard bond ETFs in Q3 2025; dividends paid in Feb 2026 yielded 2.7%–4.0%.

Several institutional investors increased their holdings in various Vanguard bond ETFs during the third quarter of 2025, including Miller Investment Management’s significant purchase of VGIT shares, Lutz Financial Services’ growing stakes in VCSH, VTEB, and BSV, and First Financial Bankshares’增持 in VGSH and BND. Meanwhile, First American Trust FSB reduced its BSV position, and other firms made smaller adjustments. The ETFs, which track U.S. government and investment-grade corporate bonds with varying maturities, paid dividends in February 2026, offering annualized yields between 2.7% and 4.0%.