Bank of New York Mellon Corp Decreases Stake in Vanguard Total Bond Market ETF (NASDAQ:BND)

Bank of New York Mellon Corp cut its holdings in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 4.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 5,922,090 shares of the company’s stock after selling 297,699 shares during the quarter. Bank of New York Mellon Corp owned approximately 0.35% of Vanguard Total Bond Market ETF worth $425,857,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Quent Capital LLC purchased a new position in shares of Vanguard Total Bond Market ETF in the fourth quarter valued at $25,000. Christopher J. Hasenberg Inc bought a new position in Vanguard Total Bond Market ETF in the 4th quarter worth about $31,000. Sound Income Strategies LLC grew its holdings in Vanguard Total Bond Market ETF by 44.1% during the 4th quarter. Sound Income Strategies LLC now owns 477 shares of the company’s stock valued at $34,000 after buying an additional 146 shares in the last quarter. Golden State Wealth Management LLC bought a new stake in shares of Vanguard Total Bond Market ETF during the fourth quarter valued at about $34,000. Finally, YANKCOM Partnership purchased a new stake in shares of Vanguard Total Bond Market ETF in the fourth quarter worth about $45,000.

Vanguard Total Bond Market ETF Stock Performance

BND stock opened at $73.44 on Thursday. The firm has a 50 day moving average of $72.13 and a 200-day moving average of $73.27. Vanguard Total Bond Market ETF has a 12 month low of $70.37 and a 12 month high of $75.67.

Vanguard Total Bond Market ETF Increases Dividend

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

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.