M&T Bank Corp Has $206.20 Million Stake in Vanguard Total Bond Market ETF (NASDAQ:BND)

M&T Bank Corp increased its stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 4.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,803,488 shares of the company’s stock after acquiring an additional 132,045 shares during the quarter. Vanguard Total Bond Market ETF makes up about 0.8% of M&T Bank Corp’s portfolio, making the stock its 27th largest position. M&T Bank Corp owned approximately 0.20% of Vanguard Total Bond Market ETF worth $206,197,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also bought and sold shares of the company. Whittier Trust Co. of Nevada Inc. increased its stake in Vanguard Total Bond Market ETF by 90.3% during the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 371 shares of the company’s stock valued at $27,000 after purchasing an additional 176 shares in the last quarter. VitalStone Financial LLC increased its position in shares of Vanguard Total Bond Market ETF by 3,300.0% during the third quarter. VitalStone Financial LLC now owns 408 shares of the company’s stock worth $28,000 after acquiring an additional 396 shares in the last quarter. Steph & Co. bought a new stake in shares of Vanguard Total Bond Market ETF during the third quarter worth about $33,000. Your Advocates Ltd. LLP acquired a new stake in shares of Vanguard Total Bond Market ETF in the 3rd quarter worth about $34,000. Finally, Headlands Technologies LLC lifted its position in Vanguard Total Bond Market ETF by 134.2% in the 3rd quarter. Headlands Technologies LLC now owns 541 shares of the company’s stock valued at $38,000 after acquiring an additional 310 shares in the last quarter.

Vanguard Total Bond Market ETF Price Performance

BND traded up $0.36 during mid-day trading on Friday, reaching $71.35. 7,256,902 shares of the stock were exchanged, compared to its average volume of 7,878,454. Vanguard Total Bond Market ETF has a 1 year low of $67.99 and a 1 year high of $74.38. The company has a 50 day moving average price of $71.76 and a two-hundred day moving average price of $71.72.

Vanguard Total Bond Market ETF Cuts Dividend

The firm also recently declared a dividend, which will be paid on Monday, May 6th. Investors of record on Thursday, May 2nd will be issued a dividend of $0.2138 per share. The ex-dividend date of this dividend is Wednesday, May 1st.

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.