Vanguard Total Bond Market ETF (NASDAQ:BND) Shares Purchased by Pinnacle Financial Partners Inc

Pinnacle Financial Partners Inc grew its stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 25.5% in the third quarter, according to its most recent filing with the SEC. The fund owned 3,540 shares of the company’s stock after acquiring an additional 720 shares during the period. Pinnacle Financial Partners Inc’s holdings in Vanguard Total Bond Market ETF were worth $266,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. Anfield Capital Management LLC raised its position in shares of Vanguard Total Bond Market ETF by 4,650.0% during the second quarter. Anfield Capital Management LLC now owns 475 shares of the company’s stock worth $34,000 after purchasing an additional 465 shares during the period. CVA Family Office LLC raised its holdings in Vanguard Total Bond Market ETF by 443.3% during the 2nd quarter. CVA Family Office LLC now owns 489 shares of the company’s stock worth $35,000 after buying an additional 399 shares during the period. Ridgewood Investments LLC acquired a new stake in Vanguard Total Bond Market ETF during the 2nd quarter worth about $38,000. Family Asset Management LLC purchased a new stake in Vanguard Total Bond Market ETF during the second quarter valued at about $40,000. Finally, American National Bank acquired a new position in shares of Vanguard Total Bond Market ETF in the second quarter worth about $44,000.

Vanguard Total Bond Market ETF Stock Performance

BND stock opened at $72.46 on Friday. Vanguard Total Bond Market ETF has a 52-week low of $70.03 and a 52-week high of $75.67. The company’s 50 day simple moving average is $74.12 and its 200-day simple moving average is $73.19.

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 dividend of $0.2276 per share. This is an increase from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.22. This represents a $2.73 annualized dividend and a yield of 3.77%. The ex-dividend date was Friday, November 1st.

Vanguard Total Bond Market ETF 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.