Towle & Co. Acquires Shares of 14,223 Vanguard Total International Bond ETF $BNDX

Towle & Co. bought a new position in Vanguard Total International Bond ETF (NASDAQ:BNDX) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 14,223 shares of the company’s stock, valued at approximately $683,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in BNDX. JPMorgan Chase & Co. increased its stake in shares of Vanguard Total International Bond ETF by 9.3% in the fourth quarter. JPMorgan Chase & Co. now owns 275,788,372 shares of the company’s stock worth $13,326,094,000 after acquiring an additional 23,417,119 shares during the last quarter. Vanguard Group Inc. raised its holdings in shares of Vanguard Total International Bond ETF by 13.7% during the fourth quarter. Vanguard Group Inc. now owns 85,042,456 shares of the company’s stock worth $4,109,250,000 after acquiring an additional 10,265,316 shares in the last quarter. Valpey Financial Services LLC boosted its position in Vanguard Total International Bond ETF by 5,019.1% during the fourth quarter. Valpey Financial Services LLC now owns 6,751,430 shares of the company’s stock valued at $326,229,000 after purchasing an additional 6,619,543 shares during the last quarter. Bank of America Corp DE boosted its position in Vanguard Total International Bond ETF by 3.3% during the fourth quarter. Bank of America Corp DE now owns 141,424,646 shares of the company’s stock valued at $6,833,639,000 after purchasing an additional 4,469,854 shares during the last quarter. Finally, Mercer Global Advisors Inc. ADV grew its stake in Vanguard Total International Bond ETF by 11.3% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 34,728,517 shares of the company’s stock valued at $1,678,082,000 after purchasing an additional 3,539,561 shares in the last quarter.

Vanguard Total International Bond ETF Stock Down 0.2%

Shares of BNDX stock opened at $47.71 on Friday. Vanguard Total International Bond ETF has a fifty-two week low of $47.53 and a fifty-two week high of $49.93. The stock’s 50-day moving average is $48.10 and its two-hundred day moving average is $48.27.

Vanguard Total International Bond ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Monday, July 6th. Investors of record on Wednesday, July 1st were paid a $0.1112 dividend. The ex-dividend date of this dividend was Wednesday, July 1st.

About Vanguard Total International Bond ETF

The Vanguard Total International Bond ETF (BNDX) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an investment-grade, non-USD denominated bond index, hedged against currency fluctuations for US investors. BNDX was launched on Jun 4, 2013 and is managed by Vanguard.