Mirae Asset Global Reduces Holdings in Vanguard Total International Bond ETF

Mirae Asset Global Investments Co. Ltd. has notably decreased its investment in the Vanguard Total International Bond ETF (BNDX), revealing a 29.7% reduction in its stake during the second quarter. Information sourced from the company's recent Form 13F filing with the Securities & Exchange Commission shows that following the sale of 446,726 shares, Mirae Asset's ownership now totals 1,055,065 shares. At the time of the filing, the value of these holdings stood at approximately $51.57 million, representing a 0.10% share of the ETF.

Diverse Movements in BNDX Positions

Various hedge funds and investment firms have also adjusted their holdings in Vanguard Total International Bond ETF. Meitav Investment House Ltd. launched a new position with an investment of $26,000 during the second quarter. Furthermore, Credit Suisse AG initiated a stake valued at roughly $28,000 in the fourth quarter. First Manhattan Co. significantly increased its share count by 139.6%, now controlling 781 shares valued at $37,000. Nemes Rush Group LLC stepped into a new position worth about $38,000. Adding to the list, Salem Investment Counselors Inc. grew its investment by 503.8%, currently holding 948 shares worth $45,000 after an additional acquisition of 791 shares.

Tracking BNDX's Market Performance

The ETF opened at $48.91 on a recent Tuesday, maintaining a 50-day moving average price of $47.98 and a 200-day moving average of $48.37. BNDX boasts a 1-year low and high of $47.30 and $49.52, respectively.

BNDX Announces Dividend Increase

Vanguard Total International Bond ETF also declared a monthly dividend that was paid out on October 5th to shareholders on record as of October 3rd. At $0.0793 per share, this was a slight increase from the prior dividend rate. The annualized dividend yield stands at 1.95%.

About Vanguard Total International Bond ETF

The ETF primarily invests in non-US dollar-denominated investment-grade fixed income securities and employs currency hedging to protect US investors from exchange rate volatility. Established on June 4, 2013, BNDX is managed by Vanguard and aims to mirror its benchmark index's performance.

Investments, MiraeAsset, Vanguard