M&T Bank Corp Boosts Holdings in Vanguard Total Bond Market ETF (NASDAQ:BND)

M&T Bank Corp increased its holdings in Vanguard Total Bond Market ETF (NASDAQ:BND) by 5.8% during the fourth quarter, Holdings Channel reports. The firm owned 3,216,078 shares of the company’s stock after acquiring an additional 175,831 shares during the quarter. Vanguard Total Bond Market ETF makes up 0.8% of M&T Bank Corp’s portfolio, making the stock its 25th biggest holding. M&T Bank Corp’s holdings in Vanguard Total Bond Market ETF were worth $231,268,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in the business. Atria Investments Inc lifted its holdings in Vanguard Total Bond Market ETF by 11.4% in the 4th quarter. Atria Investments Inc now owns 220,489 shares of the company’s stock worth $15,855,000 after purchasing an additional 22,490 shares in the last quarter. Assetmark Inc. raised its holdings in shares of Vanguard Total Bond Market ETF by 60.6% during the 4th quarter. Assetmark Inc. now owns 2,309,841 shares of the company’s stock worth $166,101,000 after acquiring an additional 871,213 shares in the last quarter. Smithfield Trust Co raised its holdings in shares of Vanguard Total Bond Market ETF by 12.6% during the 4th quarter. Smithfield Trust Co now owns 370,910 shares of the company’s stock worth $26,671,000 after acquiring an additional 41,490 shares in the last quarter. NewSquare Capital LLC raised its holdings in shares of Vanguard Total Bond Market ETF by 3.5% during the 4th quarter. NewSquare Capital LLC now owns 406,364 shares of the company’s stock worth $29,222,000 after acquiring an additional 13,799 shares in the last quarter. Finally, WoodTrust Financial Corp purchased a new stake in shares of Vanguard Total Bond Market ETF during the 4th quarter worth approximately $332,000.

Vanguard Total Bond Market ETF Stock Down 0.3 %

Shares of BND opened at $73.40 on Wednesday. Vanguard Total Bond Market ETF has a 1 year low of $70.37 and a 1 year high of $75.67. The business’s 50 day simple moving average is $72.24 and its 200-day simple moving average is $73.25.

Vanguard Total Bond Market ETF Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd will be issued a dividend of $0.2195 per share. The ex-dividend date is Monday, March 3rd.

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.