Bank of New York Mellon Corp Has $67.70 Million Stock Position in Vanguard Total Bond Market ETF $BND

Bank of New York Mellon Corp decreased its holdings in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 82.2% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 919,306 shares of the company’s stock after selling 4,251,815 shares during the quarter. Bank of New York Mellon Corp’s holdings in Vanguard Total Bond Market ETF were worth $67,698,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the company. Morgan Stanley increased its stake in shares of Vanguard Total Bond Market ETF by 15.0% in the fourth quarter. Morgan Stanley now owns 124,929,480 shares of the company’s stock valued at $9,253,527,000 after buying an additional 16,287,510 shares during the period. Creative Planning boosted its position in shares of Vanguard Total Bond Market ETF by 8.7% during the 3rd quarter. Creative Planning now owns 124,942,968 shares of the company’s stock worth $9,292,008,000 after purchasing an additional 10,046,828 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in shares of Vanguard Total Bond Market ETF by 6.3% during the fourth quarter. JPMorgan Chase & Co. now owns 139,629,587 shares of the company’s stock valued at $10,342,364,000 after acquiring an additional 8,283,073 shares in the last quarter. Vanguard Group Inc. grew its holdings in shares of Vanguard Total Bond Market ETF by 9.7% during the fourth quarter. Vanguard Group Inc. now owns 78,903,250 shares of the company’s stock valued at $5,844,363,000 after buying an additional 6,989,480 shares during the last quarter. Finally, Valpey Financial Services LLC increased its holdings in Vanguard Total Bond Market ETF by 7,708.3% during the 4th quarter. Valpey Financial Services LLC now owns 5,236,930 shares of the company’s stock worth $387,899,000 after purchasing an additional 5,169,861 shares in the last quarter.

Vanguard Total Bond Market ETF Trading Down 0.2%

BND opened at $72.40 on Thursday. The company’s 50-day moving average price is $73.05 and its two-hundred day moving average price is $73.68. Vanguard Total Bond Market ETF has a twelve month low of $72.34 and a twelve month high of $75.23.

Vanguard Total Bond Market ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, July 6th. Stockholders of record on Wednesday, July 1st were paid a dividend of $0.2445 per share. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a c) annualized dividend and a dividend yield of 4.1%.

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.