Fifth Third Bancorp Has $82.72 Million Stock Position in Vanguard Total Bond Market ETF $BND

Fifth Third Bancorp boosted its holdings in Vanguard Total Bond Market ETF (NASDAQ:BND) by 769.7% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,123,323 shares of the company’s stock after purchasing an additional 994,161 shares during the quarter. Fifth Third Bancorp’s holdings in Vanguard Total Bond Market ETF were worth $82,722,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Hilton Head Capital Partners LLC bought a new position in shares of Vanguard Total Bond Market ETF during the 4th quarter worth approximately $26,000. Wilkerson Advisory Group LLC bought a new stake in shares of Vanguard Total Bond Market ETF in the 4th quarter valued at $26,000. CKW Financial Group bought a new stake in shares of Vanguard Total Bond Market ETF in the 4th quarter valued at $28,000. Whittier Trust Co. of Nevada Inc. increased its stake in shares of Vanguard Total Bond Market ETF by 159.7% in the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 387 shares of the company’s stock valued at $28,000 after acquiring an additional 238 shares in the last quarter. Finally, Kelleher Financial Advisors acquired a new position in shares of Vanguard Total Bond Market ETF during the 3rd quarter valued at $32,000.

Vanguard Total Bond Market ETF Price Performance

Shares of NASDAQ BND opened at $72.77 on Monday. Vanguard Total Bond Market ETF has a 12-month low of $72.34 and a 12-month high of $75.23. The company’s fifty day simple moving average is $73.16 and its 200 day simple moving average is $73.76.

Vanguard Total Bond Market ETF Cuts Dividend

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