Vanguard Total Bond Market ETF $BND Shares Sold by Cornerstone Investment Partners LLC

Cornerstone Investment Partners LLC lessened its holdings in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 1.0% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 883,725 shares of the company’s stock after selling 8,926 shares during the quarter. Vanguard Total Bond Market ETF accounts for 2.5% of Cornerstone Investment Partners LLC’s portfolio, making the stock its 19th largest position. Cornerstone Investment Partners LLC’s holdings in Vanguard Total Bond Market ETF were worth $65,458,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. HighTower Advisors LLC grew its position in shares of Vanguard Total Bond Market ETF by 6.1% in the 3rd quarter. HighTower Advisors LLC now owns 3,990,437 shares of the company’s stock worth $296,769,000 after acquiring an additional 227,732 shares in the last quarter. Alesco Advisors LLC lifted its position in shares of Vanguard Total Bond Market ETF by 14.9% in the 3rd quarter. Alesco Advisors LLC now owns 2,265,590 shares of the company’s stock worth $168,492,000 after buying an additional 294,238 shares during the last quarter. Estate Counselors LLC lifted its position in shares of Vanguard Total Bond Market ETF by 6.3% in the 3rd quarter. Estate Counselors LLC now owns 195,070 shares of the company’s stock worth $14,507,000 after buying an additional 11,590 shares during the last quarter. D.A. Davidson & CO. lifted its position in shares of Vanguard Total Bond Market ETF by 1.4% in the 3rd quarter. D.A. Davidson & CO. now owns 502,981 shares of the company’s stock worth $37,407,000 after buying an additional 6,843 shares during the last quarter. Finally, BAM Wealth Management LLC bought a new position in shares of Vanguard Total Bond Market ETF in the 3rd quarter worth about $920,000.

Vanguard Total Bond Market ETF Stock Performance

Vanguard Total Bond Market ETF stock opened at $73.86 on Monday. The firm’s 50-day moving average is $74.01 and its 200-day moving average is $74.25. Vanguard Total Bond Market ETF has a 1 year low of $71.76 and a 1 year high of $75.23.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, April 6th. Stockholders of record on Wednesday, April 1st were given a $0.25 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date was Wednesday, April 1st. This is an increase from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.23.

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.