Cornerstone Wealth Management LLC Increases Position in Vanguard Total Bond Market ETF (NASDAQ:BND)

Cornerstone Wealth Management LLC lifted its holdings in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 8.5% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 151,112 shares of the company’s stock after acquiring an additional 11,822 shares during the quarter. Vanguard Total Bond Market ETF accounts for about 0.8% of Cornerstone Wealth Management LLC’s holdings, making the stock its 22nd largest position. Cornerstone Wealth Management LLC’s holdings in Vanguard Total Bond Market ETF were worth $11,350,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of BND. Creative Planning increased its stake in shares of Vanguard Total Bond Market ETF by 11.5% during the 2nd quarter. Creative Planning now owns 84,438,154 shares of the company’s stock worth $6,083,769,000 after purchasing an additional 8,691,058 shares during the last quarter. Arizona PSPRS Trust purchased a new stake in Vanguard Total Bond Market ETF in the second quarter worth $472,909,000. Vanguard Group Inc. raised its stake in shares of Vanguard Total Bond Market ETF by 20.1% in the first quarter. Vanguard Group Inc. now owns 37,326,573 shares of the company’s stock valued at $2,711,029,000 after buying an additional 6,253,040 shares during the period. Axiom Advisory LLC lifted its position in shares of Vanguard Total Bond Market ETF by 20.7% during the 3rd quarter. Axiom Advisory LLC now owns 27,905,696 shares of the company’s stock valued at $2,065,731,000 after buying an additional 4,794,485 shares during the last quarter. Finally, Cetera Investment Advisers lifted its position in shares of Vanguard Total Bond Market ETF by 123.9% during the 1st quarter. Cetera Investment Advisers now owns 4,807,301 shares of the company’s stock valued at $349,154,000 after buying an additional 2,660,678 shares during the last quarter.

Vanguard Total Bond Market ETF Trading Up 0.1 %

BND stock opened at $74.16 on Thursday. Vanguard Total Bond Market ETF has a fifty-two week low of $67.99 and a fifty-two week high of $75.67. The stock has a fifty day moving average of $74.66 and a 200-day moving average of $72.93.

Vanguard Total Bond Market ETF Increases Dividend

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