Prudential PLC Has $3.23 Million Stake in Vanguard Total Bond Market ETF (NASDAQ:BND)

Prudential PLC lowered its position in Vanguard Total Bond Market ETF (NASDAQ:BND) by 17.3% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 44,950 shares of the company’s stock after selling 9,410 shares during the period. Prudential PLC’s holdings in Vanguard Total Bond Market ETF were worth $3,232,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. N.E.W. Advisory Services LLC increased its holdings in shares of Vanguard Total Bond Market ETF by 36.7% during the 4th quarter. N.E.W. Advisory Services LLC now owns 366,039 shares of the company’s stock valued at $26,322,000 after acquiring an additional 98,201 shares during the last quarter. Joel Adams & Associates Inc. bought a new position in Vanguard Total Bond Market ETF in the 4th quarter worth $1,459,000. Truist Financial Corp raised its holdings in Vanguard Total Bond Market ETF by 115.3% in the 4th quarter. Truist Financial Corp now owns 2,230,934 shares of the company’s stock worth $160,426,000 after acquiring an additional 1,194,696 shares during the period. Global View Capital Management LLC acquired a new position in Vanguard Total Bond Market ETF during the 4th quarter worth $1,577,000. Finally, Alliancebernstein L.P. boosted its holdings in Vanguard Total Bond Market ETF by 3.3% during the fourth quarter. Alliancebernstein L.P. now owns 842,804 shares of the company’s stock valued at $60,606,000 after acquiring an additional 27,024 shares during the period.

Vanguard Total Bond Market ETF Stock Up 0.1 %

Shares of NASDAQ:BND opened at $73.82 on Friday. Vanguard Total Bond Market ETF has a 52-week low of $70.37 and a 52-week high of $75.67. The stock’s 50-day moving average is $72.90 and its 200-day moving average is $72.99.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, April 3rd. Shareholders of record on Tuesday, April 1st were given a $0.2404 dividend. This is an increase from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.23. This represents a $2.88 annualized dividend and a yield of 3.91%. The ex-dividend date was Tuesday, April 1st.

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.