Five Pine Wealth Management Purchases Shares of 242,382 Vanguard Total Bond Market ETF (NASDAQ:BND)

Five Pine Wealth Management acquired a new position in Vanguard Total Bond Market ETF (NASDAQ:BND) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 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 portfolio, making the stock its largest holding.

A number of other hedge funds have also recently made changes to their positions in BND. Creative Planning increased its holdings in Vanguard Total Bond Market ETF by 8.6% in the 3rd quarter. Creative Planning now owns 91,686,451 shares of the company’s stock valued at $6,886,569,000 after acquiring an additional 7,248,297 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in shares of Vanguard Total Bond Market ETF by 5.6% in the third quarter. JPMorgan Chase & Co. now owns 89,037,239 shares of the company’s stock worth $6,687,587,000 after purchasing an additional 4,687,550 shares during the last quarter. Axiom Advisory LLC lifted its position in shares of Vanguard Total Bond Market ETF by 20.7% in the third quarter. Axiom Advisory LLC now owns 27,905,696 shares of the company’s stock worth $2,065,731,000 after buying an additional 4,794,485 shares in the last quarter. Allworth Financial LP boosted its stake in Vanguard Total Bond Market ETF by 2.4% during the third quarter. Allworth Financial LP now owns 17,657,405 shares of the company’s stock valued at $1,326,248,000 after buying an additional 417,578 shares during the last quarter. Finally, LPL Financial LLC grew its holdings in Vanguard Total Bond Market ETF by 3.7% during the 3rd quarter. LPL Financial LLC now owns 14,487,899 shares of the company’s stock valued at $1,088,186,000 after buying an additional 518,083 shares in the last quarter.

Vanguard Total Bond Market ETF Stock Down 0.1 %

NASDAQ: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 stock’s 50 day simple moving average is $72.37 and its two-hundred day simple moving average is $73.37.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 27th. Shareholders of record on Tuesday, December 24th were given a dividend of $0.2334 per share. The ex-dividend date was Tuesday, December 24th. This is a positive change from Vanguard Total Bond Market ETF’s previous dividend of $0.23.

Vanguard Total Bond Market ETF Company 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.