Pillar Wealth Advisors LLC Has $7.72 Million Position in Vanguard Total Bond Market ETF (NASDAQ:BND)

Pillar Wealth Advisors LLC raised its holdings in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 10.7% in the 4th quarter, Holdings Channel reports. The firm owned 104,939 shares of the company’s stock after purchasing an additional 10,161 shares during the quarter. Vanguard Total Bond Market ETF comprises about 5.9% of Pillar Wealth Advisors LLC’s investment portfolio, making the stock its 5th biggest holding. Pillar Wealth Advisors LLC’s holdings in Vanguard Total Bond Market ETF were worth $7,718,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Creative Planning boosted its holdings in shares of Vanguard Total Bond Market ETF by 11.7% during the third quarter. Creative Planning now owns 55,509,448 shares of the company’s stock valued at $3,873,449,000 after acquiring an additional 5,800,676 shares during the period. Vanguard Group Inc. lifted its holdings in Vanguard Total Bond Market ETF by 27.0% in the third quarter. Vanguard Group Inc. now owns 25,280,727 shares of the company’s stock worth $1,764,089,000 after purchasing an additional 5,367,298 shares during the period. US Bancorp DE lifted its holdings in Vanguard Total Bond Market ETF by 828.6% in the third quarter. US Bancorp DE now owns 3,411,334 shares of the company’s stock worth $238,043,000 after purchasing an additional 3,043,989 shares during the period. Charles Schwab Investment Management Inc. lifted its holdings in Vanguard Total Bond Market ETF by 294.1% in the third quarter. Charles Schwab Investment Management Inc. now owns 3,841,414 shares of the company’s stock worth $268,054,000 after purchasing an additional 2,866,691 shares during the period. Finally, LPL Financial LLC lifted its holdings in Vanguard Total Bond Market ETF by 8.0% in the third quarter. LPL Financial LLC now owns 33,541,772 shares of the company’s stock worth $2,340,545,000 after purchasing an additional 2,478,188 shares during the period.

Vanguard Total Bond Market ETF Stock Performance

BND stock traded down $0.27 during trading on Tuesday, hitting $70.67. The company had a trading volume of 6,606,563 shares, compared to its average volume of 7,905,487. The business has a 50 day moving average of $71.82 and a 200 day moving average of $71.72. Vanguard Total Bond Market ETF has a fifty-two week low of $67.99 and a fifty-two week high of $74.38.

Vanguard Total Bond Market ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, April 4th. Investors of record on Tuesday, April 2nd were issued a $0.2163 dividend. The ex-dividend date was Monday, April 1st. This is an increase from Vanguard Total Bond Market ETF’s previous dividend of $0.20.

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.