Cornerstone Management Inc. Increases Stock Holdings in Vanguard Total Bond Market ETF (NASDAQ:BND)

Cornerstone Management Inc. increased its position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 5.4% in the 4th quarter, HoldingsChannel.com reports. The firm owned 4,139 shares of the company’s stock after acquiring an additional 211 shares during the period. Cornerstone Management Inc.’s holdings in Vanguard Total Bond Market ETF were worth $298,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in BND. Christopher J. Hasenberg Inc purchased a new position in Vanguard Total Bond Market ETF in the fourth quarter valued at about $31,000. Sound Income Strategies LLC increased its stake in Vanguard Total Bond Market ETF by 44.1% in the 4th quarter. Sound Income Strategies LLC now owns 477 shares of the company’s stock valued at $34,000 after buying an additional 146 shares during the period. Future Financial Wealth Managment LLC bought a new position in shares of Vanguard Total Bond Market ETF during the 3rd quarter valued at $46,000. Northwest Investment Counselors LLC bought a new position in shares of Vanguard Total Bond Market ETF in the third quarter worth about $46,000. Finally, Truvestments Capital LLC bought a new stake in Vanguard Total Bond Market ETF in the 3rd quarter valued at $51,000.

Vanguard Total Bond Market ETF Stock Performance

BND opened at $72.17 on Tuesday. Vanguard Total Bond Market ETF has a 1-year low of $70.37 and a 1-year high of $75.67. The firm has a 50-day moving average price of $72.37 and a two-hundred day moving average price of $73.37.

Vanguard Total Bond Market ETF Increases Dividend

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