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Vanguard to transfer listing of Total Bond Market ETF to Nasdaq

Published 06/20/2018, 08:35 AM
Updated 06/20/2018, 08:35 AM
© Reuters.  Vanguard to transfer listing of Total Bond Market ETF to Nasdaq

© Reuters. Vanguard to transfer listing of Total Bond Market ETF to Nasdaq

  • Vanguard plans to transfer the listing of the $36.7B Vanguard Total Bond Market ETF (NYSEARCA:BND) from NYSE Arca to Nasdaq on or about July 26, 2018.
  • By moving BND to Nasdaq, Vanguard aims to achieve certain benefits, including trading and liquidity synergies among its suite of total bond market ETFs.
  • Vanguard recently filed a preliminary registration statement for Vangard Total World Bond ETF, which will invest primarily in two underlying ETFs: Vanguard Total Bond Market ETF and Vanguard Total International Bond ETF (NASDAQ:BNDX). BNDX is currently listed on Nasdaq, and it is anticipated that Vanguard Total World Bond ETF will also be listed on Nasdaq.
  • By diversifying Vanguard's ETF lineup across all three major U.S. ETF exchanges, Vanguard seeks to mitigate operational risk and reduce exposure to potential exchange issues.
  • Source: Press Release
  • Now read: Should You Own Bonds In A Rising Rate Environment?


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