Bluestem Financial Advisors LLC Sells 19,214 Shares of Vanguard Total Bond Market ETF $BND

Bluestem Financial Advisors LLC lessened its position in Vanguard Total Bond Market ETF (NASDAQ:BND) by 2.6% during the first quarter, Holdings Channel reports. The institutional investor owned 725,952 shares of the company’s stock after selling 19,214 shares during the quarter. Vanguard Total Bond Market ETF makes up approximately 20.6% of Bluestem Financial Advisors LLC’s investment portfolio, making the stock its 2nd largest position. Bluestem Financial Advisors LLC’s holdings in Vanguard Total Bond Market ETF were worth $53,459,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Morgan Stanley lifted its holdings in Vanguard Total Bond Market ETF by 15.0% in the 4th quarter. Morgan Stanley now owns 124,929,480 shares of the company’s stock valued at $9,253,527,000 after acquiring an additional 16,287,510 shares during the last quarter. Creative Planning grew its stake in shares of Vanguard Total Bond Market ETF by 8.7% in the 3rd quarter. Creative Planning now owns 124,942,968 shares of the company’s stock worth $9,292,008,000 after purchasing an additional 10,046,828 shares during the last quarter. JPMorgan Chase & Co. grew its stake in shares of Vanguard Total Bond Market ETF by 6.3% in the 4th quarter. JPMorgan Chase & Co. now owns 139,629,587 shares of the company’s stock worth $10,342,364,000 after purchasing an additional 8,283,073 shares during the last quarter. Vanguard Group Inc. grew its stake in shares of Vanguard Total Bond Market ETF by 9.7% in the 4th quarter. Vanguard Group Inc. now owns 78,903,250 shares of the company’s stock worth $5,844,363,000 after purchasing an additional 6,989,480 shares during the last quarter. Finally, Valpey Financial Services LLC raised its holdings in shares of Vanguard Total Bond Market ETF by 7,708.3% in the 4th quarter. Valpey Financial Services LLC now owns 5,236,930 shares of the company’s stock worth $387,899,000 after purchasing an additional 5,169,861 shares in the last quarter.

Vanguard Total Bond Market ETF Price Performance

BND stock opened at $72.70 on Thursday. Vanguard Total Bond Market ETF has a 12 month low of $72.34 and a 12 month high of $75.23. The firm has a 50 day simple moving average of $73.19 and a 200 day simple moving average of $73.78.

Vanguard Total Bond Market ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, July 6th. Shareholders of record on Wednesday, July 1st were given a $0.2445 dividend. The ex-dividend date was Wednesday, July 1st. This represents a c) annualized dividend and a yield of 4.0%.

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.