Deutsche Bank AG Sells 67,441 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

Deutsche Bank AG lessened its position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 9.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 668,422 shares of the company’s stock after selling 67,441 shares during the period. Deutsche Bank AG’s holdings in Vanguard Total Bond Market ETF were worth $48,066,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. increased its holdings in Vanguard Total Bond Market ETF by 11.3% during the 4th quarter. JPMorgan Chase & Co. now owns 99,094,389 shares of the company’s stock worth $7,125,878,000 after purchasing an additional 10,057,150 shares in the last quarter. Vanguard Group Inc. lifted its position in shares of Vanguard Total Bond Market ETF by 16.7% in the fourth quarter. Vanguard Group Inc. now owns 58,043,498 shares of the company’s stock worth $4,173,907,000 after purchasing an additional 8,312,317 shares in the last quarter. Essential Planning LLC. lifted its position in shares of Vanguard Total Bond Market ETF by 6,541.0% in the fourth quarter. Essential Planning LLC. now owns 45,844,512 shares of the company’s stock worth $3,352,920,000 after purchasing an additional 45,154,186 shares in the last quarter. Wealthfront Advisers LLC lifted its position in shares of Vanguard Total Bond Market ETF by 2,218.3% in the fourth quarter. Wealthfront Advisers LLC now owns 29,325,200 shares of the company’s stock worth $2,108,775,000 after purchasing an additional 28,060,256 shares in the last quarter. Finally, Wells Fargo & Company MN lifted its position in shares of Vanguard Total Bond Market ETF by 6.2% in the fourth quarter. Wells Fargo & Company MN now owns 23,618,391 shares of the company’s stock worth $1,698,399,000 after purchasing an additional 1,376,702 shares in the last quarter.

Vanguard Total Bond Market ETF Price Performance

Shares of BND stock opened at $72.29 on Wednesday. The company’s fifty day simple moving average is $72.91 and its 200-day simple moving average is $72.67. Vanguard Total Bond Market ETF has a 12 month low of $70.97 and a 12 month high of $75.67.

Vanguard Total Bond Market ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, May 5th. Stockholders of record on Thursday, May 1st were given a $0.2364 dividend. This represents a $2.84 dividend on an annualized basis and a dividend yield of 3.92%. The ex-dividend date of this dividend was Thursday, May 1st.

Vanguard Total Bond Market ETF Company 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.