Pinnacle Associates Ltd. Raises Stock Position in Vanguard Total Bond Market ETF $BND

Pinnacle Associates Ltd. lifted its position in Vanguard Total Bond Market ETF (NASDAQ:BND) by 11.1% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 389,927 shares of the company’s stock after buying an additional 38,832 shares during the period. Pinnacle Associates Ltd.’s holdings in Vanguard Total Bond Market ETF were worth $28,882,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Evergreen Capital Management LLC lifted its holdings in shares of Vanguard Total Bond Market ETF by 0.5% during the 3rd quarter. Evergreen Capital Management LLC now owns 25,649 shares of the company’s stock valued at $1,908,000 after purchasing an additional 137 shares during the last quarter. Integrity Financial Corp WA lifted its holdings in shares of Vanguard Total Bond Market ETF by 13.8% during the 3rd quarter. Integrity Financial Corp WA now owns 1,129 shares of the company’s stock valued at $84,000 after purchasing an additional 137 shares during the last quarter. BCS Private Wealth Management Inc. lifted its holdings in shares of Vanguard Total Bond Market ETF by 0.5% during the 3rd quarter. BCS Private Wealth Management Inc. now owns 29,475 shares of the company’s stock valued at $2,192,000 after purchasing an additional 140 shares during the last quarter. Centurion Wealth Management LLC lifted its holdings in shares of Vanguard Total Bond Market ETF by 0.9% during the 4th quarter. Centurion Wealth Management LLC now owns 15,880 shares of the company’s stock valued at $1,176,000 after purchasing an additional 146 shares during the last quarter. Finally, Westside Investment Management Inc. lifted its holdings in shares of Vanguard Total Bond Market ETF by 0.6% during the 3rd quarter. Westside Investment Management Inc. now owns 24,451 shares of the company’s stock valued at $1,819,000 after purchasing an additional 150 shares during the last quarter.

Vanguard Total Bond Market ETF Trading Up 0.0%

Shares of BND opened at $73.18 on Thursday. Vanguard Total Bond Market ETF has a 12 month low of $71.76 and a 12 month high of $75.23. The stock has a fifty day moving average price of $73.69 and a 200-day moving average price of $74.14.

Vanguard Total Bond Market ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Tuesday, May 5th. Stockholders of record on Friday, May 1st were paid a dividend of $0.2417 per share. The ex-dividend date was Friday, 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.