M&T Bank Corp Buys 23,927 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

M&T Bank Corp increased its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 0.8% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 3,040,247 shares of the company’s stock after acquiring an additional 23,927 shares during the period. Vanguard Total Bond Market ETF comprises approximately 0.8% of M&T Bank Corp’s portfolio, making the stock its 29th largest position. M&T Bank Corp owned about 0.19% of Vanguard Total Bond Market ETF worth $228,353,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in BND. Hohimer Wealth Management LLC grew its position in Vanguard Total Bond Market ETF by 499.2% during the third quarter. Hohimer Wealth Management LLC now owns 42,196 shares of the company’s stock valued at $3,169,000 after acquiring an additional 35,154 shares during the last quarter. Soltis Investment Advisors LLC boosted its stake in shares of Vanguard Total Bond Market ETF by 33.1% in the 3rd quarter. Soltis Investment Advisors LLC now owns 175,899 shares of the company’s stock valued at $13,212,000 after purchasing an additional 43,763 shares in the last quarter. Rehmann Capital Advisory Group boosted its stake in shares of Vanguard Total Bond Market ETF by 4.7% in the 3rd quarter. Rehmann Capital Advisory Group now owns 50,609 shares of the company’s stock valued at $3,801,000 after purchasing an additional 2,290 shares in the last quarter. Main Line Retirement Advisors LLC grew its holdings in shares of Vanguard Total Bond Market ETF by 10.0% during the 3rd quarter. Main Line Retirement Advisors LLC now owns 144,691 shares of the company’s stock valued at $10,868,000 after purchasing an additional 13,109 shares during the last quarter. Finally, Financial Avengers Inc. lifted its stake in Vanguard Total Bond Market ETF by 16.7% in the third quarter. Financial Avengers Inc. now owns 13,708 shares of the company’s stock worth $1,030,000 after purchasing an additional 1,962 shares during the last quarter.

Vanguard Total Bond Market ETF Stock Performance

NASDAQ BND opened at $72.21 on Friday. The company has a 50-day simple moving average of $73.05 and a two-hundred day simple moving average of $73.46. Vanguard Total Bond Market ETF has a 12-month low of $70.37 and a 12-month high of $75.67.

Vanguard Total Bond Market ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, November 5th. Investors of record on Friday, November 1st were given a dividend of $0.2276 per share. This represents a $2.73 annualized dividend and a yield of 3.78%. This is a positive change from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.22. The ex-dividend date was Friday, November 1st.

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.