W.H. Cornerstone Investments Inc. Decreases Holdings in Vanguard Total Bond Market ETF (NASDAQ:BND)

W.H. Cornerstone Investments Inc. trimmed its stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 73.2% during the 4th quarter, HoldingsChannel.com reports. The firm owned 5,640 shares of the company’s stock after selling 15,400 shares during the quarter. W.H. Cornerstone Investments Inc.’s holdings in Vanguard Total Bond Market ETF were worth $406,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Bright Futures Wealth Management LLC. acquired a new stake in shares of Vanguard Total Bond Market ETF in the fourth quarter valued at about $476,000. CFC Planning Co LLC acquired a new stake in shares of Vanguard Total Bond Market ETF in the fourth quarter valued at about $300,000. Squire Investment Management Company LLC raised its position in shares of Vanguard Total Bond Market ETF by 32.2% in the fourth quarter. Squire Investment Management Company LLC now owns 16,978 shares of the company’s stock valued at $1,221,000 after buying an additional 4,138 shares during the last quarter. Root Financial Partners LLC raised its position in shares of Vanguard Total Bond Market ETF by 94.5% in the fourth quarter. Root Financial Partners LLC now owns 50,896 shares of the company’s stock valued at $3,660,000 after buying an additional 24,731 shares during the last quarter. Finally, Walkner Condon Financial Advisors LLC raised its position in shares of Vanguard Total Bond Market ETF by 47.0% in the fourth quarter. Walkner Condon Financial Advisors LLC now owns 43,592 shares of the company’s stock valued at $3,135,000 after buying an additional 13,934 shares during the last quarter.

Vanguard Total Bond Market ETF Trading Up 0.6 %

Shares of NASDAQ BND opened at $72.30 on Friday. The firm has a 50-day simple moving average of $72.20 and a 200-day simple moving average of $73.34. 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 Increases Dividend

The firm also recently announced a dividend, which was paid on Wednesday, February 5th. Stockholders of record on Monday, February 3rd were given a $0.2348 dividend. This is a boost from Vanguard Total Bond Market ETF’s previous dividend of $0.23. The ex-dividend date of this dividend was Monday, February 3rd.

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.