Cornerstone Investment Partners LLC Cuts Stake in Vanguard Total Bond Market ETF (NASDAQ:BND)

Cornerstone Investment Partners LLC trimmed its position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 0.3% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 537,951 shares of the company’s stock after selling 1,443 shares during the quarter. Vanguard Total Bond Market ETF comprises about 1.9% of Cornerstone Investment Partners LLC’s holdings, making the stock its 26th biggest holding. Cornerstone Investment Partners LLC’s holdings in Vanguard Total Bond Market ETF were worth $38,684,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of BND. Quent Capital LLC bought a new position in Vanguard Total Bond Market ETF during the 4th quarter valued at about $25,000. Christopher J. Hasenberg Inc bought a new position in Vanguard Total Bond Market ETF during the 4th quarter valued at about $31,000. Golden State Wealth Management LLC bought a new position in Vanguard Total Bond Market ETF during the 4th quarter valued at about $34,000. Sound Income Strategies LLC lifted its stake in Vanguard Total Bond Market ETF by 44.1% during the 4th quarter. Sound Income Strategies LLC now owns 477 shares of the company’s stock valued at $34,000 after acquiring an additional 146 shares during the period. Finally, YANKCOM Partnership bought a new position in Vanguard Total Bond Market ETF during the 4th quarter valued at about $45,000.

Vanguard Total Bond Market ETF Stock Performance

BND opened at $73.61 on Tuesday. The company’s 50-day simple moving average is $72.21 and its two-hundred day simple moving average is $73.25. Vanguard Total Bond Market ETF has a 52-week low of $70.37 and a 52-week high of $75.67.

Vanguard Total Bond Market ETF Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd will be paid a $0.2195 dividend. The ex-dividend date of this dividend is Monday, March 3rd.

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.