Bringing you live news and features since 2006 

Vanguard to transfer exchange listing of Total Bond Market ETF to Nasdaq

RELATED TOPICS​

Vanguard is to transfer the listing of the USD36.7 billion Vanguard Total Bond Market ETF (BND) from NYSE Arca to Nasdaq on or about 26 July 2018.

Until that time, Vanguard Total Bond Market ETF will continue to trade on NYSE Arca. Clients should not expect any meaningful impact to their trading experience as a result of the transfer.
 
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 Vanguard Total World Bond ETF, which will invest primarily in two underlying ETFs: Vanguard Total Bond Market ETF and Vanguard Total International Bond ETF (BNDX). BNDX is currently listed on Nasdaq and it is anticipated that Vanguard Total World Bond ETF will also be listed on Nasdaq.
 
Vanguard is also seeking diversity in the exchanges on which its ETFs trade. By diversifying Vanguard’s ETF lineup across all three major US ETF exchanges, Vanguard seeks to mitigate operational risk and reduce exposure to potential exchange issues. Vanguard’s ETF Capital Markets team continually evaluates each product listing and its unique characteristics to select the optimal exchange for new and existing ETFs. Many of the US-domiciled ETFs sponsored by Vanguard remain listed on NYSE Arca as Vanguard continues to consider NYSE Arca a strong listing partner.

Latest News

Saving and investing app, Moneybox, has doubled the number of ETFs available on the platform, in the light of ‘growing..
Global X ETFs has announced the appointment of Ryan O'Connor as its Chief Executive Officer effective as of April 8, 2024. ..
Value-driven structured credit investing firm, Angel Oak Capital Advisors, LLC, has announced the completed conversions of two of its mutual..
Confidence in the continuing strength of bitcoin and Ethereum is driving wider interest in altcoins and other digital assets, according..

Related Articles

Jeremy Senderowicz, Vedder Price
Jeremy Senderowicz, a member of the Investment Services Group at law firm Vedder Price, has witnessed a steady upswing in...
Graham MacKenzie, Toronto Stock Exchange
The evolution of ETFs has been a multi-decade experience for Toronto Stock Exchange says Graham MacKenzie, managing director, Exchange Traded...
Frank Koudelka, State Street Global Services
ETF data provider and ETF Express data partner, Trackinsight, has published its Global ETF Survey 2024 Report: ‘50+ Charts on...
Cryptocurrencies
Matteo Greco, Research Analyst at Fineqia International writes that bitcoin (BTC) ended the week at approximately USD52,150, showing a notable...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by