Cornerstone Wealth Management LLC Has $9.79 Million Position in Vanguard Total Bond Market ETF (NASDAQ:BND)

Cornerstone Wealth Management LLC decreased its holdings in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 1.5% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 134,820 shares of the company’s stock after selling 1,987 shares during the period. Vanguard Total Bond Market ETF comprises 0.8% of Cornerstone Wealth Management LLC’s portfolio, making the stock its 22nd biggest holding. Cornerstone Wealth Management LLC’s holdings in Vanguard Total Bond Market ETF were worth $9,792,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in BND. Whittier Trust Co. of Nevada Inc. boosted its position in Vanguard Total Bond Market ETF by 90.3% in the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 371 shares of the company’s stock valued at $27,000 after buying an additional 176 shares in the last quarter. VitalStone Financial LLC grew its position in Vanguard Total Bond Market ETF by 3,300.0% during the 3rd quarter. VitalStone Financial LLC now owns 408 shares of the company’s stock worth $28,000 after acquiring an additional 396 shares during the last quarter. Lee Financial Co bought a new stake in Vanguard Total Bond Market ETF during the 4th quarter worth approximately $31,000. ORG Partners LLC acquired a new stake in Vanguard Total Bond Market ETF during the 4th quarter valued at $42,000. Finally, Heritage Wealth Advisors bought a new position in Vanguard Total Bond Market ETF in the 4th quarter valued at $42,000.

Vanguard Total Bond Market ETF Price Performance

Shares of BND stock traded up $0.41 during trading hours on Thursday, hitting $72.07. 4,438,621 shares of the company’s stock were exchanged, compared to its average volume of 7,083,502. Vanguard Total Bond Market ETF has a 52 week low of $67.99 and a 52 week high of $73.92. The stock’s 50-day moving average is $71.75 and its 200-day moving average is $72.20.

Vanguard Total Bond Market ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, July 3rd. Shareholders of record on Monday, July 1st were issued a dividend of $0.2207 per share. The ex-dividend date was Monday, July 1st. This is a positive change from Vanguard Total Bond Market ETF’s previous dividend of $0.22.

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.