Bank of New York Mellon Corp Decreases Holdings in Vanguard Total Bond Market ETF (NASDAQ:BND)

Bank of New York Mellon Corp lessened its position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 1.5% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 6,764,364 shares of the company’s stock after selling 102,794 shares during the quarter. Bank of New York Mellon Corp’s holdings in Vanguard Total Bond Market ETF were worth $487,372,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Creative Planning lifted its holdings in shares of Vanguard Total Bond Market ETF by 10.1% in the fourth quarter. Creative Planning now owns 61,103,613 shares of the company’s stock worth $4,494,171,000 after buying an additional 5,594,165 shares in the last quarter. Vanguard Group Inc. boosted its holdings in shares of Vanguard Total Bond Market ETF by 20.1% during the 1st quarter. Vanguard Group Inc. now owns 37,326,573 shares of the company’s stock valued at $2,711,029,000 after purchasing an additional 6,253,040 shares during the last quarter. Wells Fargo & Company MN boosted its holdings in shares of Vanguard Total Bond Market ETF by 15.8% during the 4th quarter. Wells Fargo & Company MN now owns 19,231,510 shares of the company’s stock valued at $1,414,478,000 after purchasing an additional 2,621,687 shares during the last quarter. Envestnet Asset Management Inc. grew its position in shares of Vanguard Total Bond Market ETF by 0.6% during the fourth quarter. Envestnet Asset Management Inc. now owns 18,752,172 shares of the company’s stock valued at $1,379,222,000 after purchasing an additional 104,945 shares in the last quarter. Finally, Morningstar Investment Services LLC increased its holdings in shares of Vanguard Total Bond Market ETF by 90.1% in the fourth quarter. Morningstar Investment Services LLC now owns 17,898,072 shares of the company’s stock worth $1,319,534,000 after purchasing an additional 8,482,025 shares during the last quarter.

Vanguard Total Bond Market ETF Price Performance

Shares of NASDAQ:BND traded down $0.08 during mid-day trading on Monday, reaching $74.67. The stock had a trading volume of 4,384,452 shares, compared to its average volume of 6,718,223. The business’s 50 day moving average price is $73.12 and its 200 day moving average price is $72.27. Vanguard Total Bond Market ETF has a 1 year low of $67.99 and a 1 year high of $74.85.

Vanguard Total Bond Market ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, August 5th. Stockholders of record on Thursday, August 1st were issued a dividend of $0.2239 per share. This represents a $2.69 annualized dividend and a dividend yield of 3.60%. This is a boost from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.21. The ex-dividend date of this dividend was Thursday, August 1st.

Vanguard Total Bond Market ETF Company 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.