Pinnacle Wealth Management Advisory Group LLC Buys 9,752 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

Pinnacle Wealth Management Advisory Group LLC lifted its stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 8.8% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 121,056 shares of the company’s stock after purchasing an additional 9,752 shares during the period. Vanguard Total Bond Market ETF accounts for 1.0% of Pinnacle Wealth Management Advisory Group LLC’s holdings, making the stock its 24th biggest position. Pinnacle Wealth Management Advisory Group LLC’s holdings in Vanguard Total Bond Market ETF were worth $8,904,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Whittier Trust Co. of Nevada Inc. increased its position in Vanguard Total Bond Market ETF by 90.3% during the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 371 shares of the company’s stock worth $27,000 after acquiring an additional 176 shares during the period. VitalStone Financial LLC raised its position in shares of Vanguard Total Bond Market ETF by 3,300.0% in the third quarter. VitalStone Financial LLC now owns 408 shares of the company’s stock valued at $28,000 after buying an additional 396 shares in the last quarter. Steph & Co. bought a new stake in shares of Vanguard Total Bond Market ETF in the third quarter valued at approximately $33,000. Your Advocates Ltd. LLP acquired a new position in Vanguard Total Bond Market ETF in the third quarter valued at about $34,000. Finally, Headlands Technologies LLC boosted its position in shares of Vanguard Total Bond Market ETF by 134.2% during the 3rd quarter. Headlands Technologies LLC now owns 541 shares of the company’s stock worth $38,000 after acquiring an additional 310 shares in the last quarter.

Vanguard Total Bond Market ETF Price Performance

NASDAQ:BND traded up $0.18 on Thursday, hitting $71.57. The company had a trading volume of 2,961,230 shares, compared to its average volume of 7,748,786. Vanguard Total Bond Market ETF has a 52 week low of $67.99 and a 52 week high of $74.24. The firm has a 50 day moving average of $71.74 and a two-hundred day moving average of $71.82.

Vanguard Total Bond Market ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Monday, May 6th. Stockholders of record on Thursday, May 2nd were paid a $0.2138 dividend. The ex-dividend date was Wednesday, May 1st.

Vanguard Total Bond Market ETF Company 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.