Citigroup Inc. Buys 525,390 Shares of Vanguard Total Bond Market ETF $BND

Citigroup Inc. increased its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 86.6% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,132,031 shares of the company’s stock after purchasing an additional 525,390 shares during the period. Citigroup Inc. owned approximately 0.06% of Vanguard Total Bond Market ETF worth $84,189,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Evergreen Capital Management LLC grew its holdings in shares of Vanguard Total Bond Market ETF by 0.5% during the third quarter. Evergreen Capital Management LLC now owns 25,649 shares of the company’s stock worth $1,908,000 after buying an additional 137 shares in the last quarter. Integrity Financial Corp WA boosted its position in Vanguard Total Bond Market ETF by 13.8% during the 3rd quarter. Integrity Financial Corp WA now owns 1,129 shares of the company’s stock worth $84,000 after acquiring an additional 137 shares during the last quarter. Whitcomb & Hess Inc. grew its stake in shares of Vanguard Total Bond Market ETF by 3.3% during the 3rd quarter. Whitcomb & Hess Inc. now owns 4,317 shares of the company’s stock worth $321,000 after acquiring an additional 138 shares in the last quarter. BCS Private Wealth Management Inc. raised its holdings in shares of Vanguard Total Bond Market ETF by 0.5% in the third quarter. BCS Private Wealth Management Inc. now owns 29,475 shares of the company’s stock valued at $2,192,000 after purchasing an additional 140 shares during the last quarter. Finally, Westside Investment Management Inc. lifted its position in shares of Vanguard Total Bond Market ETF by 0.6% in the third quarter. Westside Investment Management Inc. now owns 24,451 shares of the company’s stock worth $1,819,000 after purchasing an additional 150 shares in the last quarter.

Vanguard Total Bond Market ETF Stock Performance

Shares of BND opened at $74.81 on Monday. Vanguard Total Bond Market ETF has a 12 month low of $71.41 and a 12 month high of $75.15. The firm has a fifty day simple moving average of $74.27 and a 200 day simple moving average of $74.28.

Vanguard Total Bond Market ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, February 4th. Investors of record on Monday, February 2nd were given a $0.2455 dividend. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 3.9%.

About Vanguard Total Bond Market ETF

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.