PCG Asset Management LLC Invests $2.30 Million in Vanguard Total Bond Market ETF (NASDAQ:BND)

PCG Asset Management LLC purchased a new stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) during the 4th quarter, Holdings Channel reports. The fund purchased 31,943 shares of the company’s stock, valued at approximately $2,297,000. Vanguard Total Bond Market ETF makes up 2.0% of PCG Asset Management LLC’s holdings, making the stock its 16th biggest position.

A number of other institutional investors also recently bought and sold shares of the stock. Sherman Asset Management Inc. bought a new position in Vanguard Total Bond Market ETF during the fourth quarter valued at $2,733,000. TPG Advisors LLC lifted its holdings in shares of Vanguard Total Bond Market ETF by 14.0% in the 4th quarter. TPG Advisors LLC now owns 21,565 shares of the company’s stock worth $1,551,000 after acquiring an additional 2,645 shares during the last quarter. US Bancorp DE boosted its stake in shares of Vanguard Total Bond Market ETF by 1.7% during the 4th quarter. US Bancorp DE now owns 547,557 shares of the company’s stock worth $39,375,000 after purchasing an additional 9,160 shares during the period. Fisher Asset Management LLC grew its holdings in Vanguard Total Bond Market ETF by 9.1% during the 4th quarter. Fisher Asset Management LLC now owns 73,454 shares of the company’s stock valued at $5,282,000 after purchasing an additional 6,130 shares during the last quarter. Finally, Cobblestone Capital Advisors LLC NY raised its position in Vanguard Total Bond Market ETF by 29.7% in the 4th quarter. Cobblestone Capital Advisors LLC NY now owns 48,620 shares of the company’s stock worth $3,496,000 after purchasing an additional 11,125 shares during the period.

Vanguard Total Bond Market ETF Stock Performance

Shares of NASDAQ:BND opened at $73.66 on Friday. The business has a 50 day simple moving average of $72.18 and a two-hundred day simple moving average of $73.26. Vanguard Total Bond Market ETF has a 1 year low of $70.37 and a 1 year high of $75.67.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, February 5th. Investors of record on Monday, February 3rd were issued a dividend of $0.2348 per share. The ex-dividend date was Monday, February 3rd. This is a boost 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.