Bank of New York Mellon Corp Sells 38,600 Shares of Vanguard Total Bond Market ETF $BND

Bank of New York Mellon Corp lessened its stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 0.7% in the third quarter, HoldingsChannel.com reports. The firm owned 5,139,936 shares of the company’s stock after selling 38,600 shares during the quarter. Bank of New York Mellon Corp’s holdings in Vanguard Total Bond Market ETF were worth $382,257,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Brighton Jones LLC raised its stake in shares of Vanguard Total Bond Market ETF by 99.6% during the fourth quarter. Brighton Jones LLC now owns 37,423 shares of the company’s stock valued at $2,691,000 after acquiring an additional 18,677 shares during the last quarter. Revolve Wealth Partners LLC increased its holdings in Vanguard Total Bond Market ETF by 19.1% during the 4th quarter. Revolve Wealth Partners LLC now owns 3,298 shares of the company’s stock valued at $237,000 after purchasing an additional 530 shares during the period. Institute for Wealth Management LLC. raised its position in Vanguard Total Bond Market ETF by 3.8% during the 2nd quarter. Institute for Wealth Management LLC. now owns 10,990 shares of the company’s stock valued at $809,000 after purchasing an additional 400 shares during the last quarter. Consolidated Portfolio Review Corp lifted its holdings in Vanguard Total Bond Market ETF by 14.4% in the 2nd quarter. Consolidated Portfolio Review Corp now owns 5,975 shares of the company’s stock worth $440,000 after buying an additional 751 shares during the period. Finally, PFG Investments LLC grew its position in shares of Vanguard Total Bond Market ETF by 28.3% in the 2nd quarter. PFG Investments LLC now owns 16,681 shares of the company’s stock worth $1,228,000 after buying an additional 3,679 shares during the last quarter.

Vanguard Total Bond Market ETF Price Performance

BND opened at $74.26 on Friday. The stock’s 50 day moving average price is $74.27 and its 200-day moving average price 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. Shareholders of record on Monday, February 2nd will be issued a $0.2455 dividend. The ex-dividend date is Monday, February 2nd. This represents a c) annualized dividend and a yield of 4.0%.

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.