Cherry Tree Wealth Management LLC Has $20.05 Million Stock Holdings in Vanguard Total Bond Market ETF (NASDAQ:BND)

Cherry Tree Wealth Management LLC cut its stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 0.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 278,762 shares of the company’s stock after selling 1,886 shares during the quarter. Vanguard Total Bond Market ETF comprises approximately 5.0% of Cherry Tree Wealth Management LLC’s portfolio, making the stock its 2nd biggest position. Cherry Tree Wealth Management LLC’s holdings in Vanguard Total Bond Market ETF were worth $20,046,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Black Diamond Financial LLC purchased a new stake in shares of Vanguard Total Bond Market ETF during the fourth quarter valued at $211,000. World Equity Group Inc. boosted its position in shares of Vanguard Total Bond Market ETF by 96.8% during the fourth quarter. World Equity Group Inc. now owns 6,346 shares of the company’s stock valued at $456,000 after buying an additional 3,121 shares during the last quarter. Golden Bell Financial Planning LLC purchased a new stake in shares of Vanguard Total Bond Market ETF during the fourth quarter valued at $17,985,000. Summit Asset Management LLC purchased a new stake in shares of Vanguard Total Bond Market ETF during the fourth quarter valued at $413,000. Finally, Allodium Investment Consultants LLC purchased a new stake in shares of Vanguard Total Bond Market ETF during the fourth quarter valued at $1,621,000.

Vanguard Total Bond Market ETF Stock Up 0.4 %

Vanguard Total Bond Market ETF stock opened at $72.76 on Monday. Vanguard Total Bond Market ETF has a one year low of $70.37 and a one year high of $75.67. The business’s fifty day moving average is $72.09 and its 200 day moving average is $73.28.

Vanguard Total Bond Market ETF Increases Dividend

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

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.