Wells Fargo & Company MN Has $1.83 Billion Stock Position in Vanguard Total Bond Market ETF $BND

Wells Fargo & Company MN reduced its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 5.6% during the 4th quarter, Holdings Channel reports. The fund owned 24,643,584 shares of the company’s stock after selling 1,473,851 shares during the period. Wells Fargo & Company MN’s holdings in Vanguard Total Bond Market ETF were worth $1,825,350,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently bought and sold shares of the stock. HighTower Advisors LLC boosted its position in Vanguard Total Bond Market ETF by 6.1% in the third quarter. HighTower Advisors LLC now owns 3,990,437 shares of the company’s stock valued at $296,769,000 after buying an additional 227,732 shares in the last quarter. Bright Futures Wealth Management LLC. acquired a new stake in Vanguard Total Bond Market ETF in the third quarter valued at approximately $524,000. BlueStem Wealth Partners LLC boosted its position in Vanguard Total Bond Market ETF by 6.1% in the third quarter. BlueStem Wealth Partners LLC now owns 261,254 shares of the company’s stock valued at $19,429,000 after buying an additional 14,988 shares in the last quarter. Armstrong Advisory Group Inc. boosted its position in Vanguard Total Bond Market ETF by 3.8% in the fourth quarter. Armstrong Advisory Group Inc. now owns 1,259,561 shares of the company’s stock valued at $93,296,000 after buying an additional 46,340 shares in the last quarter. Finally, Vanguard Group Inc. boosted its position in Vanguard Total Bond Market ETF by 9.7% in the fourth quarter. Vanguard Group Inc. now owns 78,903,250 shares of the company’s stock valued at $5,844,363,000 after buying an additional 6,989,480 shares in the last quarter.

Vanguard Total Bond Market ETF Stock Performance

Shares of Vanguard Total Bond Market ETF stock opened at $73.24 on Friday. Vanguard Total Bond Market ETF has a fifty-two week low of $72.34 and a fifty-two week high of $75.23. The company’s 50 day moving average price is $73.37 and its two-hundred day moving average price is $73.92.

Vanguard Total Bond Market ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, June 3rd. Shareholders of record on Monday, June 1st were given a $0.2473 dividend. The ex-dividend date was Monday, June 1st. This represents a c) dividend on an annualized basis and a yield of 4.1%.

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.