Five Pine Wealth Management Increases Stake in Vanguard Total Bond Market ETF $BND

Five Pine Wealth Management lifted its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 4.2% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 323,481 shares of the company’s stock after purchasing an additional 12,990 shares during the period. Vanguard Total Bond Market ETF accounts for approximately 14.8% of Five Pine Wealth Management’s holdings, making the stock its largest holding. Five Pine Wealth Management’s holdings in Vanguard Total Bond Market ETF were worth $23,820,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in BND. DiPaolo Financial Group Inc. acquired a new stake in Vanguard Total Bond Market ETF during the 4th quarter worth approximately $1,506,000. Bright Futures Wealth Management LLC. acquired a new position in shares of Vanguard Total Bond Market ETF in the third quarter valued at approximately $524,000. BlueStem Wealth Partners LLC increased its position in shares of Vanguard Total Bond Market ETF by 6.1% during the third quarter. BlueStem Wealth Partners LLC now owns 261,254 shares of the company’s stock worth $19,429,000 after acquiring an additional 14,988 shares in the last quarter. Armstrong Advisory Group Inc. increased its position in shares of Vanguard Total Bond Market ETF by 3.8% during the fourth quarter. Armstrong Advisory Group Inc. now owns 1,259,561 shares of the company’s stock worth $93,296,000 after acquiring an additional 46,340 shares in the last quarter. Finally, Vanguard Group Inc. raised its holdings in shares of Vanguard Total Bond Market ETF by 9.7% during the fourth quarter. Vanguard Group Inc. now owns 78,903,250 shares of the company’s stock worth $5,844,363,000 after acquiring an additional 6,989,480 shares during the period.

Vanguard Total Bond Market ETF Stock Down 0.3%

Shares of NASDAQ BND opened at $73.14 on Tuesday. Vanguard Total Bond Market ETF has a 1-year low of $72.34 and a 1-year high of $75.23. The company has a fifty day moving average price of $73.33 and a 200 day moving average price of $73.86.

Vanguard Total Bond Market ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, June 3rd. Shareholders of record on Monday, June 1st were paid a $0.2473 dividend. The ex-dividend date was Monday, June 1st. This represents a c) annualized dividend and a yield of 4.1%.

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.