Citizens Financial Group Inc. RI Takes Position in Vanguard Total Bond Market ETF (NASDAQ:BND)

Citizens Financial Group Inc. RI bought a new stake in Vanguard Total Bond Market ETF (NASDAQ:BND) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 3,114 shares of the company’s stock, valued at approximately $224,000.

A number of other institutional investors have also added to or reduced their stakes in the company. JPMorgan Chase & Co. increased its holdings in shares of Vanguard Total Bond Market ETF by 5.6% during the third quarter. JPMorgan Chase & Co. now owns 89,037,239 shares of the company’s stock valued at $6,687,587,000 after acquiring an additional 4,687,550 shares in the last quarter. Allworth Financial LP increased its stake in Vanguard Total Bond Market ETF by 9.4% during the 4th quarter. Allworth Financial LP now owns 19,321,863 shares of the company’s stock valued at $1,391,367,000 after purchasing an additional 1,664,458 shares in the last quarter. LPL Financial LLC increased its stake in Vanguard Total Bond Market ETF by 3.7% during the 3rd quarter. LPL Financial LLC now owns 14,487,899 shares of the company’s stock valued at $1,088,186,000 after purchasing an additional 518,083 shares in the last quarter. Texas Treasury Safekeeping Trust Co. raised its holdings in Vanguard Total Bond Market ETF by 8.4% during the fourth quarter. Texas Treasury Safekeeping Trust Co. now owns 11,901,583 shares of the company’s stock worth $855,843,000 after buying an additional 919,970 shares during the last quarter. Finally, The Manufacturers Life Insurance Company lifted its stake in shares of Vanguard Total Bond Market ETF by 5.2% in the third quarter. The Manufacturers Life Insurance Company now owns 11,045,127 shares of the company’s stock valued at $829,599,000 after buying an additional 548,650 shares in the last quarter.

Vanguard Total Bond Market ETF Price Performance

NASDAQ:BND opened at $72.95 on Friday. Vanguard Total Bond Market ETF has a one year low of $70.37 and a one year high of $75.67. The firm has a 50-day moving average of $72.43 and a 200-day moving average of $73.18.

Vanguard Total Bond Market ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd were paid a $0.2195 dividend. The ex-dividend date was Monday, March 3rd.

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.