Royal Bank of Canada Has $410.72 Million Stock Position in Vanguard Total Bond Market ETF $BND

Royal Bank of Canada grew its holdings in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 2.3% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 5,577,371 shares of the company’s stock after acquiring an additional 126,398 shares during the period. Royal Bank of Canada owned about 0.27% of Vanguard Total Bond Market ETF worth $410,717,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the business. JPMorgan Chase & Co. increased its stake in shares of Vanguard Total Bond Market ETF by 6.3% in the fourth quarter. JPMorgan Chase & Co. now owns 139,629,587 shares of the company’s stock valued at $10,342,364,000 after buying an additional 8,283,073 shares during the period. Northwestern Mutual Wealth Management Co. boosted its holdings in Vanguard Total Bond Market ETF by 3.4% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 130,902,798 shares of the company’s stock valued at $9,695,970,000 after acquiring an additional 4,285,563 shares during the last quarter. Creative Planning boosted its holdings in Vanguard Total Bond Market ETF by 8.7% in the third quarter. Creative Planning now owns 124,942,968 shares of the company’s stock valued at $9,292,008,000 after acquiring an additional 10,046,828 shares during the last quarter. Morgan Stanley increased its position in Vanguard Total Bond Market ETF by 15.0% during the 4th quarter. Morgan Stanley now owns 124,929,480 shares of the company’s stock valued at $9,253,527,000 after purchasing an additional 16,287,510 shares during the period. Finally, Vanguard Group Inc. raised its holdings in Vanguard Total Bond Market ETF by 9.7% during the 4th quarter. Vanguard Group Inc. now owns 78,903,250 shares of the company’s stock worth $5,844,363,000 after purchasing an additional 6,989,480 shares during the last quarter.

Vanguard Total Bond Market ETF Stock Performance

Shares of NASDAQ BND opened at $72.64 on Wednesday. Vanguard Total Bond Market ETF has a 52-week low of $72.17 and a 52-week high of $75.23. The company’s 50 day moving average price is $73.02 and its 200-day moving average price is $73.63.

Vanguard Total Bond Market ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Monday, July 6th. Investors of record on Wednesday, July 1st were issued a $0.2445 dividend. The ex-dividend date was Wednesday, July 1st. This represents a c) annualized dividend and a yield of 4.0%.

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.