Cornerstone Wealth Management LLC Buys 7,124 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

Cornerstone Wealth Management LLC raised its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 4.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 158,236 shares of the company’s stock after buying an additional 7,124 shares during the period. Vanguard Total Bond Market ETF comprises about 0.8% of Cornerstone Wealth Management LLC’s investment portfolio, making the stock its 24th biggest position. Cornerstone Wealth Management LLC’s holdings in Vanguard Total Bond Market ETF were worth $11,379,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Access Financial Services Inc. boosted its position in shares of Vanguard Total Bond Market ETF by 1.9% in the fourth quarter. Access Financial Services Inc. now owns 7,696 shares of the company’s stock worth $553,000 after purchasing an additional 143 shares during the period. Towneley Capital Management Inc DE raised its position in shares of Vanguard Total Bond Market ETF by 4.7% during the 3rd quarter. Towneley Capital Management Inc DE now owns 3,251 shares of the company’s stock valued at $244,000 after purchasing an additional 145 shares during the period. Cypress Point Wealth Management LLC lifted its stake in shares of Vanguard Total Bond Market ETF by 0.7% during the 3rd quarter. Cypress Point Wealth Management LLC now owns 19,939 shares of the company’s stock valued at $1,498,000 after buying an additional 145 shares in the last quarter. Wealthstream Advisors Inc. boosted its holdings in Vanguard Total Bond Market ETF by 0.9% in the 3rd quarter. Wealthstream Advisors Inc. now owns 16,478 shares of the company’s stock worth $1,238,000 after buying an additional 145 shares during the period. Finally, Belmont Capital LLC increased its stake in Vanguard Total Bond Market ETF by 8.7% in the 3rd quarter. Belmont Capital LLC now owns 1,817 shares of the company’s stock worth $136,000 after buying an additional 145 shares in the last quarter.

Vanguard Total Bond Market ETF Price Performance

NASDAQ:BND opened at $71.90 on Friday. The business’s 50-day simple moving average is $72.41 and its two-hundred day simple moving average is $73.39. 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 Friday, December 27th. Investors of record on Tuesday, December 24th were paid a dividend of $0.2334 per share. The ex-dividend date of this dividend was Tuesday, December 24th. This is an increase from Vanguard Total Bond Market ETF’s previous dividend of $0.23.

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.