Vanguard Total Bond Market ETF $BND Shares Sold by Cornerstone Planning Group LLC

Cornerstone Planning Group LLC cut its stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 81.7% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,509 shares of the company’s stock after selling 15,646 shares during the quarter. Cornerstone Planning Group LLC’s holdings in Vanguard Total Bond Market ETF were worth $257,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Morgan Stanley grew its stake in Vanguard Total Bond Market ETF by 15.0% during the 4th quarter. Morgan Stanley now owns 124,929,480 shares of the company’s stock worth $9,253,527,000 after buying an additional 16,287,510 shares during the last quarter. Creative Planning lifted its stake in Vanguard Total Bond Market ETF by 8.7% in the third quarter. Creative Planning now owns 124,942,968 shares of the company’s stock valued at $9,292,008,000 after buying an additional 10,046,828 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in Vanguard Total Bond Market ETF by 6.3% in the fourth quarter. JPMorgan Chase & Co. now owns 139,629,587 shares of the company’s stock valued at $10,342,364,000 after buying an additional 8,283,073 shares during the last quarter. Vanguard Group Inc. boosted its holdings in shares of Vanguard Total Bond Market ETF by 9.7% during the fourth quarter. Vanguard Group Inc. now owns 78,903,250 shares of the company’s stock valued at $5,844,363,000 after acquiring an additional 6,989,480 shares during the period. Finally, Valpey Financial Services LLC boosted its holdings in shares of Vanguard Total Bond Market ETF by 7,708.3% during the fourth quarter. Valpey Financial Services LLC now owns 5,236,930 shares of the company’s stock valued at $387,899,000 after acquiring an additional 5,169,861 shares during the period.

Vanguard Total Bond Market ETF Stock Performance

Vanguard Total Bond Market ETF stock opened at $72.86 on Friday. The company has a 50-day simple moving average of $73.09 and a 200-day simple moving average of $73.72. Vanguard Total Bond Market ETF has a one year low of $72.34 and a one year high of $75.23.

Vanguard Total Bond Market ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Monday, July 6th. Shareholders of record on Wednesday, July 1st were paid a dividend of $0.2445 per share. This represents a c) dividend on an annualized basis and a yield of 4.0%. The ex-dividend date of this dividend was Wednesday, July 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.