Bank of New York Mellon Corp Sells 4,251,815 Shares of Vanguard Total Bond Market ETF $BND

Bank of New York Mellon Corp lessened its position in 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. 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.

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

Vanguard Total Bond Market ETF Price Performance

BND stock opened at $72.40 on Thursday. The business has a fifty day moving average of $73.05 and a two-hundred day moving average of $73.68. Vanguard Total Bond Market ETF has a 52-week low of $72.34 and a 52-week 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 was Wednesday, July 1st. This represents a c) annualized dividend and a dividend yield of 4.1%.

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.