Vanguard Total Bond Market ETF (NASDAQ:BND) is Pacific Capital Wealth Advisors Inc.’s 2nd Largest Position

Pacific Capital Wealth Advisors Inc. increased its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 11.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 545,580 shares of the company’s stock after buying an additional 56,255 shares during the period. Vanguard Total Bond Market ETF comprises about 10.2% of Pacific Capital Wealth Advisors Inc.’s investment portfolio, making the stock its 2nd largest position. Pacific Capital Wealth Advisors Inc.’s holdings in Vanguard Total Bond Market ETF were worth $40,127,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Compass Ion Advisors LLC lifted its stake in Vanguard Total Bond Market ETF by 0.8% in the fourth quarter. Compass Ion Advisors LLC now owns 18,559 shares of the company’s stock valued at $1,365,000 after buying an additional 152 shares during the last quarter. Red Tortoise LLC raised its stake in Vanguard Total Bond Market ETF by 0.9% during the 3rd quarter. Red Tortoise LLC now owns 17,799 shares of the company’s stock valued at $1,242,000 after acquiring an additional 156 shares in the last quarter. Whittier Trust Co. of Nevada Inc. boosted its position in Vanguard Total Bond Market ETF by 90.3% during the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 371 shares of the company’s stock worth $27,000 after acquiring an additional 176 shares during the period. Grimes & Company Inc. grew its stake in shares of Vanguard Total Bond Market ETF by 0.8% in the fourth quarter. Grimes & Company Inc. now owns 23,040 shares of the company’s stock worth $1,695,000 after purchasing an additional 180 shares in the last quarter. Finally, Mechanics Financial Corp increased its holdings in shares of Vanguard Total Bond Market ETF by 0.6% during the fourth quarter. Mechanics Financial Corp now owns 29,088 shares of the company’s stock valued at $2,139,000 after purchasing an additional 182 shares during the period.

Vanguard Total Bond Market ETF Stock Performance

BND stock traded down $0.17 during trading on Wednesday, hitting $71.39. The company had a trading volume of 6,773,020 shares, compared to its average volume of 7,803,817. The business has a 50 day moving average of $71.74 and a 200 day moving average of $71.82. Vanguard Total Bond Market ETF has a fifty-two week low of $67.99 and a fifty-two week high of $74.24.

Vanguard Total Bond Market ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Monday, May 6th. Stockholders of record on Thursday, May 2nd were paid a $0.2138 dividend. The ex-dividend date of this dividend was Wednesday, May 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.