M&T Bank Corp Acquires 175,831 Shares of 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% in the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 3,216,078 shares of the company’s stock after buying an additional 175,831 shares during the quarter. Vanguard Total Bond Market ETF comprises approximately 0.8% of M&T Bank Corp’s portfolio, making the stock its 25th biggest position. M&T Bank Corp owned about 0.19% of Vanguard Total Bond Market ETF worth $231,268,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. JPMorgan Chase & Co. grew its stake in shares of Vanguard Total Bond Market ETF by 5.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 89,037,239 shares of the company’s stock valued at $6,687,587,000 after purchasing an additional 4,687,550 shares during the period. Allworth Financial LP grew its stake in shares of 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 during the period. LPL Financial LLC grew its stake in shares of 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 during the period. The Manufacturers Life Insurance Company grew its stake in shares of Vanguard Total Bond Market ETF by 5.2% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 11,045,127 shares of the company’s stock valued at $829,599,000 after purchasing an additional 548,650 shares during the period. Finally, Arizona PSPRS Trust grew its stake in shares of Vanguard Total Bond Market ETF by 0.9% during the 3rd quarter. Arizona PSPRS Trust now owns 6,623,391 shares of the company’s stock valued at $497,483,000 after purchasing an additional 59,774 shares during the period.

Vanguard Total Bond Market ETF Trading Down 0.3 %

Shares of NASDAQ:BND opened at $73.40 on Wednesday. The stock has a 50 day moving average of $72.24 and a 200 day moving average of $73.25. Vanguard Total Bond Market ETF has a 12-month low of $70.37 and a 12-month high of $75.67.

Vanguard Total Bond Market ETF Cuts Dividend

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

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.