UMB Bank Reduces Its Stake in Vanguard Total International Bond ETF (NASDAQ:BNDX)
UMB Bank n.a. has significantly reduced its investment in the Vanguard Total International Bond ETF (NASDAQ:BNDX) by 58.2% during the fourth quarter, according to its latest Form 13F report submitted to the Securities and Exchange Commission (SEC). Following the sale of 10,311 shares, UMB Bank now holds 7,410 shares of the ETF, which were valued at approximately $363,000 at the close of the most recent reporting period.
In addition to UMB Bank, several other large investors have adjusted their positions in Vanguard Total International Bond ETF recently. For instance, JPMorgan Chase & Co. increased its stake by 2.4% during the third quarter, now owning a total of 222,034,467 shares, which are valued at approximately $11,163,893,000. This increase included the acquisition of an additional 5,268,623 shares in the last quarter.
LPL Financial LLC also raised its stake in the ETF by 2.4% in the same quarter. They currently possess 7,537,606 shares, with a total value of about $378,991,000, after buying an extra 179,901 shares. Empower Advisory Group LLC similarly upped its investment by 4.5%, owning 6,185,100 shares worth around $310,987,000 after adding 265,191 shares during the period.
Meanwhile, Cetera Investment Advisers increased its position by 2.7% in the second quarter and now holds 4,050,161 shares valued at $197,121,000 after purchasing an additional 106,433 shares. Lastly, Apella Capital LLC grew its stake in Vanguard Total International Bond ETF by 7.7% during the third quarter, owning 2,425,904 shares worth about $122,023,000 as a result of acquiring an extra 172,725 shares.
Current Performance of Vanguard Total International Bond ETF
As of the latest trading session, Vanguard Total International Bond ETF opened at $48.93. The fund has experienced a one-year low of $48.19 and a high of $50.70 within that same timeframe. Its 50-day and 200-day simple moving averages stand at $49.67 and $49.75, respectively, indicating slight fluctuations in price.
Recent Dividend Announcement
In other news, Vanguard Total International Bond ETF announced an increase in its dividend, which was paid on December 27. Shareholders on record as of December 24 received a dividend of $1.0139 per share, reflecting a notable hike from the previous dividend of $0.10. The ex-dividend date for this announcement was also December 24.
About Vanguard Total International Bond ETF
The Vanguard Total International Bond ETF (BNDX) is an exchange-traded fund that primarily invests in investment-grade fixed income securities. It tracks an investment-grade, non-USD denominated bond index that is hedged against currency fluctuations for U.S. investors. This ETF was launched on June 4, 2013, and is managed by Vanguard, a well-known investment management company.
Vanguard, Bonds, Investments