Pure Financial Advisors LLC Raises Stake in Vanguard Total Bond Market ETF (NASDAQ:BND)

Pure Financial Advisors LLC lifted its position in Vanguard Total Bond Market ETF (NASDAQ:BND) by 12.3% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 6,379,376 shares of the company’s stock after buying an additional 700,378 shares during the period. Vanguard Total Bond Market ETF comprises 9.8% of Pure Financial Advisors LLC’s portfolio, making the stock its 2nd largest holding. Pure Financial Advisors LLC owned about 0.37% of Vanguard Total Bond Market ETF worth $468,565,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Betterment LLC lifted its stake in shares of Vanguard Total Bond Market ETF by 5.4% in the fourth quarter. Betterment LLC now owns 1,679,216 shares of the company’s stock worth $120,752,000 after buying an additional 86,538 shares in the last quarter. First Trust Advisors LP purchased a new stake in Vanguard Total Bond Market ETF in the fourth quarter worth approximately $647,000. Victory Capital Management Inc. boosted its holdings in Vanguard Total Bond Market ETF by 37.2% in the fourth quarter. Victory Capital Management Inc. now owns 346,882 shares of the company’s stock worth $24,944,000 after purchasing an additional 94,112 shares during the last quarter. Sherwood Financial Partners LLC purchased a new stake in Vanguard Total Bond Market ETF in the fourth quarter worth approximately $32,455,000. Finally, Global View Capital Management LLC purchased a new stake in Vanguard Total Bond Market ETF in the fourth quarter worth approximately $1,577,000.

Vanguard Total Bond Market ETF Stock Performance

Shares of BND stock opened at $73.30 on Thursday. Vanguard Total Bond Market ETF has a 12-month low of $71.10 and a 12-month high of $75.67. The firm’s 50 day moving average is $72.64 and its 200 day moving average is $72.59.

Vanguard Total Bond Market ETF Increases Dividend

The business also recently announced a dividend, which was paid on Wednesday, June 4th. Investors of record on Monday, June 2nd were issued a $0.2403 dividend. The ex-dividend date was Monday, June 2nd. This is a boost from Vanguard Total Bond Market ETF’s previous dividend of $0.22.

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.