Pillar Wealth Advisors LLC Has $212,000 Position in Vanguard Total Bond Market ETF (NASDAQ:BND)

Pillar Wealth Advisors LLC reduced its position in Vanguard Total Bond Market ETF (NASDAQ:BND) by 95.6% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 2,818 shares of the company’s stock after selling 61,625 shares during the period. Vanguard Total Bond Market ETF accounts for approximately 6.3% of Pillar Wealth Advisors LLC’s portfolio, making the stock its 9th largest holding. Pillar Wealth Advisors LLC’s holdings in Vanguard Total Bond Market ETF were worth $212,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in BND. Creative Planning boosted its holdings in shares of Vanguard Total Bond Market ETF by 11.5% in the second quarter. Creative Planning now owns 84,438,154 shares of the company’s stock worth $6,083,769,000 after acquiring an additional 8,691,058 shares during the period. Arizona PSPRS Trust purchased a new stake in Vanguard Total Bond Market ETF during the 2nd quarter worth about $472,909,000. Vanguard Group Inc. boosted its stake in Vanguard Total Bond Market ETF by 20.1% in the 1st quarter. Vanguard Group Inc. now owns 37,326,573 shares of the company’s stock worth $2,711,029,000 after purchasing an additional 6,253,040 shares during the period. Axiom Advisory LLC grew its holdings in Vanguard Total Bond Market ETF by 20.7% during the 3rd quarter. Axiom Advisory LLC now owns 27,905,696 shares of the company’s stock valued at $2,065,731,000 after buying an additional 4,794,485 shares in the last quarter. Finally, Cetera Investment Advisers increased its position in shares of Vanguard Total Bond Market ETF by 123.9% during the first quarter. Cetera Investment Advisers now owns 4,807,301 shares of the company’s stock valued at $349,154,000 after buying an additional 2,660,678 shares during the period.

Vanguard Total Bond Market ETF Trading Up 0.2 %

Shares of Vanguard Total Bond Market ETF stock traded up $0.11 on Wednesday, reaching $72.62. The stock had a trading volume of 1,534,739 shares, compared to its average volume of 6,509,618. The business’s 50 day moving average is $74.17 and its two-hundred day moving average is $73.20. Vanguard Total Bond Market ETF has a 1 year low of $70.03 and a 1 year high of $75.67.

Vanguard Total Bond Market ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, November 5th. Shareholders of record on Friday, November 1st were paid a $0.2276 dividend. The ex-dividend date of this dividend was Friday, November 1st. This is a boost from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.22. This represents a $2.73 annualized dividend and a yield of 3.76%.

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.