PNC Financial Services Group Inc. Buys 109,734 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

PNC Financial Services Group Inc. boosted its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 3.2% in the fourth quarter, HoldingsChannel reports. The firm owned 3,518,476 shares of the company’s stock after acquiring an additional 109,734 shares during the period. PNC Financial Services Group Inc.’s holdings in Vanguard Total Bond Market ETF were worth $253,014,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the stock. Key Financial Inc grew its stake in Vanguard Total Bond Market ETF by 1.6% in the 4th quarter. Key Financial Inc now owns 8,669 shares of the company’s stock worth $623,000 after buying an additional 140 shares in the last quarter. Access Financial Services Inc. raised its position in shares of Vanguard Total Bond Market ETF by 1.9% during the 4th quarter. Access Financial Services Inc. now owns 7,696 shares of the company’s stock valued at $553,000 after buying an additional 143 shares in the last quarter. Cypress Point Wealth Management LLC lifted its holdings in shares of Vanguard Total Bond Market ETF by 0.7% during the 3rd quarter. Cypress Point Wealth Management LLC now owns 19,939 shares of the company’s stock worth $1,498,000 after acquiring an additional 145 shares during the last quarter. Wealthstream Advisors Inc. grew its position in Vanguard Total Bond Market ETF by 0.9% in the third quarter. Wealthstream Advisors Inc. now owns 16,478 shares of the company’s stock worth $1,238,000 after acquiring an additional 145 shares in the last quarter. Finally, Belmont Capital LLC increased its stake in Vanguard Total Bond Market ETF by 8.7% in the third quarter. Belmont Capital LLC now owns 1,817 shares of the company’s stock valued at $136,000 after acquiring an additional 145 shares during the last quarter.

Vanguard Total Bond Market ETF Stock Down 0.1 %

Shares of BND stock opened at $73.00 on Friday. The business has a 50-day moving average price of $72.32 and a two-hundred day moving average price of $73.24. Vanguard Total Bond Market ETF has a 12-month low of $70.37 and a 12-month high of $75.67.

Vanguard Total Bond Market ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd were paid a dividend of $0.2195 per share. The ex-dividend date was Monday, March 3rd.

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.