Bank of New York Mellon Corp Lowers Stake in Vanguard Total Bond Market ETF $BND

Bank of New York Mellon Corp cut its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 0.7% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 5,139,936 shares of the company’s stock after selling 38,600 shares during the period. Bank of New York Mellon Corp owned about 0.27% of Vanguard Total Bond Market ETF worth $382,257,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in BND. JPMorgan Chase & Co. increased its position in shares of Vanguard Total Bond Market ETF by 21.9% during the 2nd quarter. JPMorgan Chase & Co. now owns 125,870,361 shares of the company’s stock valued at $9,267,835,000 after purchasing an additional 22,636,769 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its position in Vanguard Total Bond Market ETF by 2.9% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 122,402,361 shares of the company’s stock valued at $9,012,486,000 after acquiring an additional 3,485,369 shares during the last quarter. Creative Planning raised its stake in shares of Vanguard Total Bond Market ETF by 5.8% during the second quarter. Creative Planning now owns 114,896,140 shares of the company’s stock worth $8,459,803,000 after acquiring an additional 6,332,554 shares in the last quarter. Vanguard Group Inc. raised its stake in shares of Vanguard Total Bond Market ETF by 7.0% during the second quarter. Vanguard Group Inc. now owns 67,194,503 shares of the company’s stock worth $4,947,531,000 after acquiring an additional 4,407,252 shares in the last quarter. Finally, Envestnet Asset Management Inc. lifted its holdings in shares of Vanguard Total Bond Market ETF by 3.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 20,910,927 shares of the company’s stock worth $1,539,389,000 after acquiring an additional 659,542 shares during the last quarter.

Vanguard Total Bond Market ETF Stock Up 0.0%

BND stock opened at $74.26 on Friday. The firm’s fifty day moving average is $74.27 and its 200 day moving average is $74.12. Vanguard Total Bond Market ETF has a 52 week low of $71.41 and a 52 week high of $75.15.

Vanguard Total Bond Market ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, February 4th. Stockholders of record on Monday, February 2nd will be paid a dividend of $0.2455 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date of this dividend is Monday, February 2nd.

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.