Bank of America Corp DE Has $1.61 Billion Stock Position in Vanguard Total Bond Market ETF (NASDAQ:BND)

Bank of America Corp DE grew its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 18.0% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 22,339,566 shares of the company’s stock after buying an additional 3,401,728 shares during the quarter. Bank of America Corp DE’s holdings in Vanguard Total Bond Market ETF were worth $1,606,438,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the stock. JPMorgan Chase & Co. lifted its stake in Vanguard Total Bond Market ETF by 11.3% in the 4th quarter. JPMorgan Chase & Co. now owns 99,094,389 shares of the company’s stock valued at $7,125,878,000 after acquiring an additional 10,057,150 shares in the last quarter. Vanguard Group Inc. lifted its position in shares of Vanguard Total Bond Market ETF by 16.7% in the fourth quarter. Vanguard Group Inc. now owns 58,043,498 shares of the company’s stock worth $4,173,907,000 after purchasing an additional 8,312,317 shares in the last quarter. Essential Planning LLC. lifted its position in shares of Vanguard Total Bond Market ETF by 6,541.0% in the fourth quarter. Essential Planning LLC. now owns 45,844,512 shares of the company’s stock worth $3,352,920,000 after purchasing an additional 45,154,186 shares in the last quarter. Wealthfront Advisers LLC boosted its holdings in Vanguard Total Bond Market ETF by 2,218.3% during the fourth quarter. Wealthfront Advisers LLC now owns 29,325,200 shares of the company’s stock worth $2,108,775,000 after purchasing an additional 28,060,256 shares during the last quarter. Finally, Wells Fargo & Company MN grew its position in Vanguard Total Bond Market ETF by 6.2% in the fourth quarter. Wells Fargo & Company MN now owns 23,618,391 shares of the company’s stock valued at $1,698,399,000 after purchasing an additional 1,376,702 shares in the last quarter.

Vanguard Total Bond Market ETF Price Performance

Shares of NASDAQ:BND opened at $72.70 on Monday. The company’s 50-day moving average price is $73.03 and its two-hundred day moving average price is $72.71. Vanguard Total Bond Market ETF has a one year low of $70.97 and a one year high of $75.67.

Vanguard Total Bond Market ETF Cuts Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, May 5th. Investors of record on Thursday, May 1st will be issued a dividend of $0.2364 per share. The ex-dividend date of this dividend is Thursday, May 1st. This represents a $2.84 annualized dividend and a yield of 3.90%.

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.