PNC Financial Services Group Inc. Increases Holdings in Vanguard Total Bond Market ETF (NASDAQ:BND)

PNC Financial Services Group Inc. grew its holdings in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 1.3% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,902,349 shares of the company’s stock after buying an additional 60,931 shares during the period. PNC Financial Services Group Inc. owned 0.38% of Vanguard Total Bond Market ETF worth $356,352,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of BND. AMI Investment Management Inc. lifted its holdings in shares of Vanguard Total Bond Market ETF by 4.3% in the 1st quarter. AMI Investment Management Inc. now owns 28,536 shares of the company’s stock valued at $2,270,000 after purchasing an additional 1,183 shares during the last quarter. Roundview Capital LLC lifted its holdings in shares of Vanguard Total Bond Market ETF by 4.3% in the 1st quarter. Roundview Capital LLC now owns 190,445 shares of the company’s stock valued at $15,148,000 after purchasing an additional 7,851 shares during the last quarter. Cibc World Market Inc. lifted its holdings in shares of Vanguard Total Bond Market ETF by 123.9% in the 1st quarter. Cibc World Market Inc. now owns 21,764 shares of the company’s stock valued at $1,731,000 after purchasing an additional 12,045 shares during the last quarter. Blair William & Co. IL lifted its holdings in shares of Vanguard Total Bond Market ETF by 37.4% in the 1st quarter. Blair William & Co. IL now owns 37,602 shares of the company’s stock valued at $2,991,000 after purchasing an additional 10,238 shares during the last quarter. Finally, Vanguard Group Inc. lifted its holdings in shares of Vanguard Total Bond Market ETF by 6.1% in the 1st quarter. Vanguard Group Inc. now owns 12,169,900 shares of the company’s stock valued at $967,993,000 after purchasing an additional 697,937 shares during the last quarter.

Vanguard Total Bond Market ETF Stock Up 0.1 %

BND traded up $0.05 on Tuesday, hitting $70.79. 613,932 shares of the company traded hands, compared to its average volume of 5,671,889. The company has a 50 day moving average of $69.58 and a 200-day moving average of $71.27. Vanguard Total Bond Market ETF has a 12-month low of $67.99 and a 12-month high of $74.90.

Vanguard Total Bond Market ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, October 5th. Shareholders of record on Tuesday, October 3rd were paid a dividend of $0.1925 per share. The ex-dividend date was Monday, October 2nd.

Vanguard Total Bond Market ETF 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.