Vanguard Total Bond Market ETF (NASDAQ:BND) Shares Acquired by Cornerstone Investment Partners LLC

Cornerstone Investment Partners LLC increased its stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 12.6% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 485,927 shares of the company’s stock after purchasing an additional 54,278 shares during the period. Vanguard Total Bond Market ETF accounts for approximately 2.0% of Cornerstone Investment Partners LLC’s investment portfolio, making the stock its 25th biggest position. Cornerstone Investment Partners LLC’s holdings in Vanguard Total Bond Market ETF were worth $35,740,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of the stock. Morgan Stanley increased its stake in Vanguard Total Bond Market ETF by 2.6% during the 3rd quarter. Morgan Stanley now owns 82,574,735 shares of the company’s stock worth $5,762,065,000 after buying an additional 2,061,088 shares in the last quarter. Creative Planning lifted its position in shares of Vanguard Total Bond Market ETF by 11.7% in 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 in the last quarter. Jones Financial Companies Lllp boosted its stake in shares of Vanguard Total Bond Market ETF by 0.7% in the third quarter. Jones Financial Companies Lllp now owns 42,651,470 shares of the company’s stock worth $2,976,220,000 after acquiring an additional 314,511 shares during the last quarter. LPL Financial LLC increased its position in shares of Vanguard Total Bond Market ETF by 8.0% during 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 in the last quarter. Finally, Vanguard Group Inc. raised its stake in Vanguard Total Bond Market ETF by 27.0% in the 3rd quarter. Vanguard Group Inc. now owns 25,280,727 shares of the company’s stock valued at $1,764,089,000 after purchasing an additional 5,367,298 shares during the last quarter.

Vanguard Total Bond Market ETF Trading Up 0.1 %

BND stock traded up $0.09 during midday trading on Friday, reaching $70.79. The stock had a trading volume of 4,859,401 shares, compared to its average volume of 8,088,789. Vanguard Total Bond Market ETF has a 52-week low of $67.99 and a 52-week high of $74.38. The company’s fifty day simple moving average is $72.03 and its 200 day simple moving average is $71.60.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, April 4th. Stockholders of record on Tuesday, April 2nd were given a $0.2163 dividend. This is a boost from Vanguard Total Bond Market ETF’s previous dividend of $0.20. The ex-dividend date was Monday, April 1st.

Vanguard Total Bond Market ETF Company 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.