Pinnacle Associates Ltd. Grows Stake in Vanguard Total Bond Market ETF $BND

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

Other hedge funds also recently added to or reduced their stakes in the company. CKW Financial Group purchased a new stake in Vanguard Total Bond Market ETF in the fourth quarter worth about $28,000. Kelleher Financial Advisors purchased a new stake in Vanguard Total Bond Market ETF in the third quarter worth about $32,000. Orion Capital Management LLC purchased a new position in Vanguard Total Bond Market ETF during the third quarter valued at approximately $32,000. Steigerwald Gordon & Koch Inc. purchased a new position in Vanguard Total Bond Market ETF during the fourth quarter valued at approximately $43,000. Finally, Westfuller Advisors LLC purchased a new position in Vanguard Total Bond Market ETF during the third quarter valued at approximately $46,000.

Vanguard Total Bond Market ETF Price Performance

Shares of BND stock opened at $73.18 on Thursday. The company’s 50 day moving average is $73.69 and its 200 day moving average is $74.14. Vanguard Total Bond Market ETF has a 52-week low of $71.76 and a 52-week high of $75.23.

Vanguard Total Bond Market ETF Dividend Announcement

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

About Vanguard Total Bond Market ETF

(Free Report)

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.

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Institutional Ownership by Quarter for Vanguard Total Bond Market ETF (NASDAQ:BND)

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