Vanguard Total Bond Market ETF (NASDAQ:BND) Stock Position Raised by Pure Financial Advisors LLC

Pure Financial Advisors LLC increased its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 12.3% during the 1st quarter, HoldingsChannel reports. The firm 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 holdings, making the stock its 2nd largest position. Pure Financial Advisors LLC’s holdings in Vanguard Total Bond Market ETF were worth $468,565,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Security National Bank bought a new position in Vanguard Total Bond Market ETF in the first quarter worth approximately $63,000. Perigon Wealth Management LLC raised its position in Vanguard Total Bond Market ETF by 6.5% in the first quarter. Perigon Wealth Management LLC now owns 144,597 shares of the company’s stock worth $10,621,000 after acquiring an additional 8,793 shares during the period. Inman Jager Wealth Management LLC raised its position in Vanguard Total Bond Market ETF by 15.0% in the first quarter. Inman Jager Wealth Management LLC now owns 75,910 shares of the company’s stock worth $5,576,000 after acquiring an additional 9,908 shares during the period. Pinnacle Bancorp Inc. raised its position in Vanguard Total Bond Market ETF by 1.1% in the first quarter. Pinnacle Bancorp Inc. now owns 55,401 shares of the company’s stock worth $4,069,000 after acquiring an additional 611 shares during the period. Finally, Golden State Wealth Management LLC raised its position in Vanguard Total Bond Market ETF by 2,772.2% in the first quarter. Golden State Wealth Management LLC now owns 13,614 shares of the company’s stock worth $1,000,000 after acquiring an additional 13,140 shares during the period.

Vanguard Total Bond Market ETF Trading Up 0.0%

BND opened at $73.30 on Thursday. Vanguard Total Bond Market ETF has a 1-year low of $71.10 and a 1-year high of $75.67. The firm’s 50 day simple moving average is $72.64 and its two-hundred day simple moving average is $72.59.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Wednesday, June 4th. Shareholders of record on Monday, June 2nd were given a $0.2403 dividend. The ex-dividend date of this dividend was Monday, June 2nd. This is an increase from Vanguard Total Bond Market ETF’s previous dividend of $0.22.

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.