Vanguard Total Bond Market ETF (NASDAQ:BND) Stake Raised by Pinnacle Financial Partners Inc

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

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

Vanguard Total Bond Market ETF Stock Down 0.0 %

Shares of NASDAQ BND opened at $72.46 on Friday. Vanguard Total Bond Market ETF has a 1 year low of $70.03 and a 1 year high of $75.67. The stock has a fifty day moving average price of $74.12 and a two-hundred day moving average price of $73.19.

Vanguard Total Bond Market ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, November 5th. Investors of record on Friday, November 1st were issued a dividend of $0.2276 per share. This is a positive change from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.22. This represents a $2.73 dividend on an annualized basis and a yield of 3.77%. The ex-dividend date was Friday, November 1st.

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.