Five Pine Wealth Management Takes $17.43 Million Position in Vanguard Total Bond Market ETF (NASDAQ:BND)

Five Pine Wealth Management purchased a new position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 242,382 shares of the company’s stock, valued at approximately $17,430,000. Vanguard Total Bond Market ETF accounts for approximately 14.7% of Five Pine Wealth Management’s investment portfolio, making the stock its largest holding.

A number of other large investors have also recently made changes to their positions in BND. Christopher J. Hasenberg Inc bought a new stake in Vanguard Total Bond Market ETF in the fourth quarter worth about $31,000. Sound Income Strategies LLC lifted its stake in shares of Vanguard Total Bond Market ETF by 44.1% during the 4th quarter. Sound Income Strategies LLC now owns 477 shares of the company’s stock worth $34,000 after acquiring an additional 146 shares during the last quarter. Future Financial Wealth Managment LLC bought a new stake in shares of Vanguard Total Bond Market ETF during the 3rd quarter worth approximately $46,000. Northwest Investment Counselors LLC purchased a new position in Vanguard Total Bond Market ETF during the 3rd quarter valued at $46,000. Finally, Truvestments Capital LLC bought a new position in Vanguard Total Bond Market ETF in the 3rd quarter valued at $51,000.

Vanguard Total Bond Market ETF Trading Down 0.1 %

Shares of BND opened at $72.34 on Friday. Vanguard Total Bond Market ETF has a 1-year low of $70.37 and a 1-year high of $75.67. The company has a 50-day moving average of $72.37 and a 200 day moving average of $73.37.

Vanguard Total Bond Market ETF Increases Dividend

The business also recently declared a dividend, which was paid on Friday, December 27th. Stockholders of record on Tuesday, December 24th were paid a dividend of $0.2334 per share. The ex-dividend date of this dividend was Tuesday, December 24th. This is an increase from Vanguard Total Bond Market ETF’s previous dividend of $0.23.

About Vanguard Total Bond Market ETF

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.