Pillar Wealth Advisors LLC Buys 10,161 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

Pillar Wealth Advisors LLC grew its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 10.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 104,939 shares of the company’s stock after purchasing an additional 10,161 shares during the quarter. Vanguard Total Bond Market ETF makes up 5.9% of Pillar Wealth Advisors LLC’s holdings, making the stock its 5th biggest position. Pillar Wealth Advisors LLC’s holdings in Vanguard Total Bond Market ETF were worth $7,718,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also modified their holdings of the stock. Valeo Financial Advisors LLC lifted its stake in shares of Vanguard Total Bond Market ETF by 77.3% in the third quarter. Valeo Financial Advisors LLC now owns 6,278 shares of the company’s stock worth $438,000 after buying an additional 2,738 shares in the last quarter. Golden State Equity Partners raised its stake in shares of Vanguard Total Bond Market ETF by 4.4% in the 3rd quarter. Golden State Equity Partners now owns 4,524 shares of the company’s stock valued at $316,000 after acquiring an additional 191 shares during the period. Trellis Wealth Advisors LLC raised its stake in shares of Vanguard Total Bond Market ETF by 110.0% in the 3rd quarter. Trellis Wealth Advisors LLC now owns 33,854 shares of the company’s stock valued at $2,362,000 after acquiring an additional 17,735 shares during the period. Cumberland Advisors Inc. purchased a new stake in shares of Vanguard Total Bond Market ETF in the 3rd quarter valued at approximately $248,000. Finally, Sebold Capital Management Inc. grew its holdings in shares of Vanguard Total Bond Market ETF by 47.2% in the third quarter. Sebold Capital Management Inc. now owns 28,634 shares of the company’s stock valued at $1,998,000 after purchasing an additional 9,184 shares in the last quarter.

Vanguard Total Bond Market ETF Trading Down 0.4 %

Shares of BND stock traded down $0.27 during trading on Tuesday, reaching $70.67. The company’s stock had a trading volume of 6,606,563 shares, compared to its average volume of 7,905,487. The stock’s 50-day moving average price is $71.82 and its 200 day moving average price is $71.72. Vanguard Total Bond Market ETF has a 1-year low of $67.99 and a 1-year high of $74.38.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, April 4th. Investors of record on Tuesday, April 2nd were issued a $0.2163 dividend. The ex-dividend date was Monday, April 1st. This is a boost from Vanguard Total Bond Market ETF’s previous dividend of $0.20.

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.