Truist Financial Corp Cuts Position in Vanguard Total Bond Market ETF (NASDAQ:BND)

Truist Financial Corp reduced its holdings in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 1.6% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,600,807 shares of the company’s stock after selling 43,428 shares during the quarter. Truist Financial Corp owned 0.17% of Vanguard Total Bond Market ETF worth $187,388,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in BND. Vanguard Group Inc. raised its position in Vanguard Total Bond Market ETF by 22.9% in the fourth quarter. Vanguard Group Inc. now owns 31,073,533 shares of the company’s stock valued at $2,285,458,000 after purchasing an additional 5,792,806 shares during the period. Chicago Partners Investment Group LLC lifted its position in Vanguard Total Bond Market ETF by 39.8% during the 4th quarter. Chicago Partners Investment Group LLC now owns 101,836 shares of the company’s stock worth $7,380,000 after acquiring an additional 28,986 shares in the last quarter. Waterloo Capital L.P. purchased a new position in Vanguard Total Bond Market ETF in the 4th quarter worth approximately $343,000. NBC Securities Inc. grew its position in Vanguard Total Bond Market ETF by 20.9% in the first quarter. NBC Securities Inc. now owns 2,481 shares of the company’s stock valued at $181,000 after acquiring an additional 429 shares in the last quarter. Finally, Leo Wealth LLC purchased a new stake in shares of Vanguard Total Bond Market ETF during the fourth quarter valued at approximately $712,000.

Vanguard Total Bond Market ETF Stock Performance

Shares of BND stock opened at $75.11 on Tuesday. The firm has a fifty day simple moving average of $74.46 and a 200-day simple moving average of $72.78. Vanguard Total Bond Market ETF has a twelve month low of $67.99 and a twelve month high of $75.67.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, September 5th. Stockholders of record on Tuesday, September 3rd were paid a dividend of $0.2255 per share. The ex-dividend date was Tuesday, September 3rd. This is an increase from Vanguard Total Bond Market ETF’s previous dividend of $0.22.

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.