W.H. Cornerstone Investments Inc. Sells 9,832 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

W.H. Cornerstone Investments Inc. decreased its stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 19.3% during the 4th quarter, Holdings Channel.com reports. The firm owned 41,162 shares of the company’s stock after selling 9,832 shares during the period. Vanguard Total Bond Market ETF accounts for approximately 2.4% of W.H. Cornerstone Investments Inc.’s portfolio, making the stock its 9th biggest position. W.H. Cornerstone Investments Inc.’s holdings in Vanguard Total Bond Market ETF were worth $3,027,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Baystate Wealth Management LLC increased its holdings in shares of Vanguard Total Bond Market ETF by 0.7% in the 4th quarter. Baystate Wealth Management LLC now owns 461,665 shares of the company’s stock valued at $33,956,000 after acquiring an additional 3,040 shares during the last quarter. Fiducient Advisors LLC grew its position in shares of Vanguard Total Bond Market ETF by 6.2% in the 4th quarter. Fiducient Advisors LLC now owns 581,081 shares of the company’s stock valued at $42,739,000 after buying an additional 33,692 shares during the last quarter. Vanguard Group Inc. raised its stake in Vanguard Total Bond Market ETF by 27.0% during the 3rd quarter. Vanguard Group Inc. now owns 25,280,727 shares of the company’s stock worth $1,764,089,000 after acquiring an additional 5,367,298 shares in the last quarter. IMA Wealth Inc. lifted its position in Vanguard Total Bond Market ETF by 4.2% in the third quarter. IMA Wealth Inc. now owns 158,763 shares of the company’s stock valued at $11,078,000 after acquiring an additional 6,452 shares during the last quarter. Finally, White Lighthouse Investment Management Inc. lifted its position in Vanguard Total Bond Market ETF by 21.2% in the fourth quarter. White Lighthouse Investment Management Inc. now owns 192,882 shares of the company’s stock valued at $14,186,000 after acquiring an additional 33,732 shares during the last quarter.

Vanguard Total Bond Market ETF Stock Performance

Shares of BND stock traded up $0.36 during mid-day trading on Friday, hitting $71.35. 7,256,902 shares of the stock were exchanged, compared to its average volume of 7,878,454. The stock’s fifty day simple moving average is $71.76 and its two-hundred day simple moving average is $71.77. Vanguard Total Bond Market ETF has a 12-month low of $67.99 and a 12-month high of $74.38.

Vanguard Total Bond Market ETF Cuts Dividend

The company also recently declared a dividend, which will be paid on Monday, May 6th. Investors of record on Thursday, May 2nd will be paid a dividend of $0.2138 per share. The ex-dividend date of this dividend is Wednesday, May 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.