Truist Financial Corp Purchases 1,194,696 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

Truist Financial Corp increased its position in Vanguard Total Bond Market ETF (NASDAQ:BND) by 115.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,230,934 shares of the company’s stock after acquiring an additional 1,194,696 shares during the period. Truist Financial Corp’s holdings in Vanguard Total Bond Market ETF were worth $160,426,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the company. JPMorgan Chase & Co. grew its holdings in shares of Vanguard Total Bond Market ETF by 5.6% in the third quarter. JPMorgan Chase & Co. now owns 89,037,239 shares of the company’s stock worth $6,687,587,000 after acquiring an additional 4,687,550 shares during the period. Allworth Financial LP grew its holdings in Vanguard Total Bond Market ETF by 9.4% during the fourth quarter. Allworth Financial LP now owns 19,321,863 shares of the company’s stock valued at $1,391,367,000 after purchasing an additional 1,664,458 shares during the period. LPL Financial LLC grew its holdings in Vanguard Total Bond Market ETF by 3.7% during the third quarter. LPL Financial LLC now owns 14,487,899 shares of the company’s stock valued at $1,088,186,000 after purchasing an additional 518,083 shares during the period. The Manufacturers Life Insurance Company grew its holdings in Vanguard Total Bond Market ETF by 5.2% during the third quarter. The Manufacturers Life Insurance Company now owns 11,045,127 shares of the company’s stock valued at $829,599,000 after purchasing an additional 548,650 shares during the period. Finally, Arizona PSPRS Trust grew its holdings in Vanguard Total Bond Market ETF by 0.9% during the third quarter. Arizona PSPRS Trust now owns 6,623,391 shares of the company’s stock valued at $497,483,000 after purchasing an additional 59,774 shares during the period.

Vanguard Total Bond Market ETF Price Performance

NASDAQ:BND opened at $72.53 on Monday. The stock has a 50-day simple moving average of $72.15 and a two-hundred day simple moving average of $73.33. Vanguard Total Bond Market ETF has a 52-week low of $70.37 and a 52-week high of $75.67.

Vanguard Total Bond Market ETF Increases Dividend

The business also recently declared a dividend, which was paid on Wednesday, February 5th. Shareholders of record on Monday, February 3rd were issued a dividend of $0.2348 per share. The ex-dividend date of this dividend was Monday, February 3rd. This is a positive change from Vanguard Total Bond Market ETF’s previous dividend of $0.23.

Vanguard Total Bond Market ETF 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.