Cornerstone Management Inc. Grows Stake in Vanguard Total Bond Market ETF (NASDAQ:BND)

Cornerstone Management Inc. boosted its position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 7.4% during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 3,928 shares of the company’s stock after purchasing an additional 269 shares during the quarter. Cornerstone Management Inc.’s holdings in Vanguard Total Bond Market ETF were worth $295,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. raised its position in Vanguard Total Bond Market ETF by 22.9% in the 4th quarter. Vanguard Group Inc. now owns 31,073,533 shares of the company’s stock worth $2,285,458,000 after buying an additional 5,792,806 shares during the last quarter. Chicago Partners Investment Group LLC lifted its position in Vanguard Total Bond Market ETF by 39.8% during the fourth quarter. Chicago Partners Investment Group LLC now owns 101,836 shares of the company’s stock valued at $7,380,000 after purchasing an additional 28,986 shares during the period. NBC Securities Inc. boosted its holdings in Vanguard Total Bond Market ETF by 20.9% in the first quarter. NBC Securities Inc. now owns 2,481 shares of the company’s stock worth $181,000 after purchasing an additional 429 shares during the last quarter. Leo Wealth LLC bought a new stake in Vanguard Total Bond Market ETF in the 4th quarter worth approximately $712,000. Finally, Sequoia Financial Advisors LLC raised its stake in Vanguard Total Bond Market ETF by 23.8% during the 1st quarter. Sequoia Financial Advisors LLC now owns 36,569 shares of the company’s stock valued at $2,656,000 after buying an additional 7,022 shares during the last quarter.

Vanguard Total Bond Market ETF Price Performance

Shares of NASDAQ BND traded down $0.04 during midday trading on Thursday, hitting $73.80. 340,020 shares of the stock traded hands, compared to its average volume of 6,616,144. Vanguard Total Bond Market ETF has a one year low of $67.99 and a one year high of $75.67. The firm has a 50-day moving average of $74.66 and a two-hundred day moving average of $72.88.

Vanguard Total Bond Market ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, September 5th. Stockholders of record on Tuesday, September 3rd were paid a $0.2255 dividend. This is a positive change from Vanguard Total Bond Market ETF’s previous dividend of $0.22. The ex-dividend date was Tuesday, September 3rd.

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.