Fifth Third Bancorp Grows Stake in Vanguard Total Bond Market ETF $BND

Fifth Third Bancorp boosted its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 11.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 131,630 shares of the company’s stock after acquiring an additional 13,342 shares during the period. Fifth Third Bancorp’s holdings in Vanguard Total Bond Market ETF were worth $9,789,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the stock. Charis Legacy Partners LLC grew its stake in Vanguard Total Bond Market ETF by 20.9% during the 3rd quarter. Charis Legacy Partners LLC now owns 55,032 shares of the company’s stock valued at $4,093,000 after purchasing an additional 9,519 shares during the last quarter. HighTower Advisors LLC lifted its holdings in shares of Vanguard Total Bond Market ETF by 6.1% during the third quarter. HighTower Advisors LLC now owns 3,990,437 shares of the company’s stock worth $296,769,000 after purchasing an additional 227,732 shares during the period. Alesco Advisors LLC boosted its position in Vanguard Total Bond Market ETF by 14.9% in the third quarter. Alesco Advisors LLC now owns 2,265,590 shares of the company’s stock valued at $168,492,000 after buying an additional 294,238 shares during the last quarter. Estate Counselors LLC increased its holdings in Vanguard Total Bond Market ETF by 6.3% in the 3rd quarter. Estate Counselors LLC now owns 195,070 shares of the company’s stock worth $14,507,000 after buying an additional 11,590 shares during the period. Finally, D.A. Davidson & CO. raised its position in Vanguard Total Bond Market ETF by 1.4% during the 3rd quarter. D.A. Davidson & CO. now owns 502,981 shares of the company’s stock worth $37,407,000 after buying an additional 6,843 shares during the last quarter.

Vanguard Total Bond Market ETF Stock Performance

Shares of NASDAQ BND opened at $74.87 on Wednesday. The company has a 50 day simple moving average of $74.24 and a two-hundred day simple moving average of $74.26. Vanguard Total Bond Market ETF has a 12 month low of $71.41 and a 12 month high of $75.15.

Vanguard Total Bond Market ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, February 4th. Shareholders of record on Monday, February 2nd were paid a dividend of $0.2455 per share. The ex-dividend date was Monday, February 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 3.9%.

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.