Vanguard Total Bond Market ETF (NASDAQ:BND) Shares Purchased by First Citizens Bank & Trust Co.

First Citizens Bank & Trust Co. raised its stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 69.6% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 49,499 shares of the company’s stock after purchasing an additional 20,318 shares during the period. First Citizens Bank & Trust Co.’s holdings in Vanguard Total Bond Market ETF were worth $3,636,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. JPMorgan Chase & Co. increased its position in Vanguard Total Bond Market ETF by 11.3% during the fourth quarter. JPMorgan Chase & Co. now owns 99,094,389 shares of the company’s stock worth $7,125,878,000 after purchasing an additional 10,057,150 shares during the last quarter. Vanguard Group Inc. increased 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 acquiring an additional 8,312,317 shares in the last quarter. Essential Planning LLC. increased 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 acquiring an additional 45,154,186 shares in the last quarter. Wealthfront Advisers LLC increased its position in shares of Vanguard Total Bond Market ETF by 2,218.3% in the fourth quarter. Wealthfront Advisers LLC now owns 29,325,200 shares of the company’s stock worth $2,108,775,000 after acquiring an additional 28,060,256 shares in the last quarter. Finally, Wells Fargo & Company MN increased its position in shares of 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 worth $1,698,399,000 after acquiring an additional 1,376,702 shares in the last quarter.

Vanguard Total Bond Market ETF Price Performance

Vanguard Total Bond Market ETF stock opened at $72.32 on Tuesday. Vanguard Total Bond Market ETF has a 52-week low of $71.10 and a 52-week high of $75.67. The firm has a fifty day moving average of $72.61 and a 200-day moving average of $72.62.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, June 4th. Stockholders of record on Monday, June 2nd were given a $0.2403 dividend. The ex-dividend date was Monday, June 2nd. This is a positive change 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.