Pinnacle Wealth Management Advisory Group LLC Purchases 6,630 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

Pinnacle Wealth Management Advisory Group LLC lifted its position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 3.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 174,739 shares of the company’s stock after acquiring an additional 6,630 shares during the quarter. Vanguard Total Bond Market ETF makes up about 1.2% of Pinnacle Wealth Management Advisory Group LLC’s investment portfolio, making the stock its 23rd largest position. Pinnacle Wealth Management Advisory Group LLC’s holdings in Vanguard Total Bond Market ETF were worth $12,565,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. J.W. Cole Advisors Inc. raised its position in shares of Vanguard Total Bond Market ETF by 3.2% during the fourth quarter. J.W. Cole Advisors Inc. now owns 33,698 shares of the company’s stock worth $2,423,000 after acquiring an additional 1,037 shares during the last quarter. Valmark Advisers Inc. increased its holdings in Vanguard Total Bond Market ETF by 19.9% in the fourth quarter. Valmark Advisers Inc. now owns 32,715 shares of the company’s stock valued at $2,353,000 after purchasing an additional 5,441 shares during the last quarter. Csenge Advisory Group increased its holdings in Vanguard Total Bond Market ETF by 0.6% in the fourth quarter. Csenge Advisory Group now owns 36,379 shares of the company’s stock valued at $2,616,000 after purchasing an additional 231 shares during the last quarter. Copperleaf Capital LLC increased its holdings in Vanguard Total Bond Market ETF by 34.8% in the fourth quarter. Copperleaf Capital LLC now owns 5,692 shares of the company’s stock valued at $409,000 after purchasing an additional 1,470 shares during the last quarter. Finally, NYL Investors LLC increased its holdings in Vanguard Total Bond Market ETF by 6.2% in the fourth quarter. NYL Investors LLC now owns 47,700 shares of the company’s stock valued at $3,430,000 after purchasing an additional 2,800 shares during the last quarter.

Vanguard Total Bond Market ETF Trading Up 0.3 %

NASDAQ BND opened at $72.53 on Friday. The stock has a 50-day simple moving average of $72.15 and a 200 day simple moving average of $73.33. Vanguard Total Bond Market ETF has a 12 month low of $70.37 and a 12 month high of $75.67.

Vanguard Total Bond Market ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, February 5th. Investors of record on Monday, February 3rd were issued a $0.2348 dividend. The ex-dividend date was Monday, February 3rd. 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.