Vanguard Total Bond Market ETF $BND Shares Bought by Five Pine Wealth Management

Five Pine Wealth Management grew its position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 5.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 310,491 shares of the company’s stock after acquiring an additional 14,798 shares during the quarter. Vanguard Total Bond Market ETF comprises about 14.8% of Five Pine Wealth Management’s investment portfolio, making the stock its largest holding. Five Pine Wealth Management’s holdings in Vanguard Total Bond Market ETF were worth $22,998,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Charis Legacy Partners LLC lifted its holdings in Vanguard Total Bond Market ETF by 20.9% in the third quarter. Charis Legacy Partners LLC now owns 55,032 shares of the company’s stock worth $4,093,000 after purchasing an additional 9,519 shares during the period. HighTower Advisors LLC lifted its holdings in Vanguard Total Bond Market ETF by 6.1% in the third quarter. HighTower Advisors LLC now owns 3,990,437 shares of the company’s stock worth $296,769,000 after purchasing an additional 227,732 shares during the period. Alesco Advisors LLC lifted its holdings in Vanguard Total Bond Market ETF by 14.9% in the third quarter. Alesco Advisors LLC now owns 2,265,590 shares of the company’s stock worth $168,492,000 after purchasing an additional 294,238 shares during the period. Estate Counselors LLC lifted its holdings in Vanguard Total Bond Market ETF by 6.3% in the third quarter. Estate Counselors LLC now owns 195,070 shares of the company’s stock worth $14,507,000 after purchasing an additional 11,590 shares during the period. Finally, D.A. Davidson & CO. lifted its holdings in Vanguard Total Bond Market ETF by 1.4% in the third quarter. D.A. Davidson & CO. now owns 502,981 shares of the company’s stock worth $37,407,000 after purchasing an additional 6,843 shares during the period.

Vanguard Total Bond Market ETF Stock Up 0.1%

BND stock opened at $73.58 on Wednesday. The company has a 50-day simple moving average of $74.13 and a 200 day simple moving average of $74.29. Vanguard Total Bond Market ETF has a fifty-two week low of $71.41 and a fifty-two week high of $75.23.

Vanguard Total Bond Market ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, April 6th. Investors of record on Wednesday, April 1st were issued a $0.25 dividend. The ex-dividend date of this dividend was Wednesday, April 1st. This is an increase from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.23. This represents a c) annualized dividend and a yield of 4.1%.

Vanguard Total Bond Market ETF Profile

The Vanguard Total Bond Market ETF (BND) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a broad, market-value-weighted index of US dollar-denominated, investment-grade, taxable, fixed-income securities with maturities of at least one year. BND was launched on Apr 3, 2007 and is managed by Vanguard.