Pinnacle Wealth Management Advisory Group LLC Has $19.66 Million Stake in Vanguard Total Bond Market ETF $BND

Pinnacle Wealth Management Advisory Group LLC lifted its stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 11.6% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 267,770 shares of the company’s stock after acquiring an additional 27,871 shares during the period. Vanguard Total Bond Market ETF accounts for about 1.2% of Pinnacle Wealth Management Advisory Group LLC’s portfolio, making the stock its 23rd largest position. Pinnacle Wealth Management Advisory Group LLC’s holdings in Vanguard Total Bond Market ETF were worth $19,657,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. USAdvisors Wealth Management LLC grew its stake in Vanguard Total Bond Market ETF by 2.3% in the fourth quarter. USAdvisors Wealth Management LLC now owns 6,384 shares of the company’s stock valued at $472,000 after acquiring an additional 141 shares during the period. BCO Wealth Management LLC raised its position in shares of Vanguard Total Bond Market ETF by 0.3% during the first quarter. BCO Wealth Management LLC now owns 49,894 shares of the company’s stock worth $3,674,000 after purchasing an additional 143 shares during the period. Kingsbury Capital Investment Advisors LLC lifted its holdings in shares of Vanguard Total Bond Market ETF by 2.4% in the 2nd quarter. Kingsbury Capital Investment Advisors LLC now owns 6,306 shares of the company’s stock worth $463,000 after purchasing an additional 145 shares in the last quarter. Nilsine Partners LLC grew its position in Vanguard Total Bond Market ETF by 1.1% in the 2nd quarter. Nilsine Partners LLC now owns 14,004 shares of the company’s stock valued at $1,028,000 after purchasing an additional 147 shares during the period. Finally, Novak & Powell Financial Services Inc. grew its position in Vanguard Total Bond Market ETF by 1.0% in the 4th quarter. Novak & Powell Financial Services Inc. now owns 14,360 shares of the company’s stock valued at $1,064,000 after purchasing an additional 149 shares during the period.

Vanguard Total Bond Market ETF Stock Performance

BND opened at $71.89 on Wednesday. Vanguard Total Bond Market ETF has a 1-year low of $71.74 and a 1-year high of $75.23. The company’s fifty day moving average price is $72.44 and its two-hundred day moving average price is $73.20.

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.