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

W.H. Cornerstone Investments Inc. lessened its stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 19.3% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 41,162 shares of the company’s stock after selling 9,832 shares during the period. Vanguard Total Bond Market ETF accounts for approximately 2.4% of W.H. Cornerstone Investments Inc.’s holdings, making the stock its 9th biggest position. W.H. Cornerstone Investments Inc.’s holdings in Vanguard Total Bond Market ETF were worth $3,027,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in BND. NorthRock Partners LLC bought a new position in Vanguard Total Bond Market ETF during the third quarter valued at $215,000. Brown Advisory Inc. grew its position in Vanguard Total Bond Market ETF by 8.9% in the third quarter. Brown Advisory Inc. now owns 116,788 shares of the company’s stock worth $8,149,000 after acquiring an additional 9,550 shares in the last quarter. Penobscot Wealth Management grew its position in Vanguard Total Bond Market ETF by 1.8% in the third quarter. Penobscot Wealth Management now owns 27,075 shares of the company’s stock worth $1,889,000 after acquiring an additional 484 shares in the last quarter. Everhart Financial Group Inc. increased its stake in Vanguard Total Bond Market ETF by 28.3% during the third quarter. Everhart Financial Group Inc. now owns 18,283 shares of the company’s stock worth $1,276,000 after acquiring an additional 4,035 shares during the last quarter. Finally, Lindbrook Capital LLC purchased a new stake in Vanguard Total Bond Market ETF during the third quarter valued at approximately $58,000.

Vanguard Total Bond Market ETF Stock Performance

NASDAQ:BND traded up $0.36 during midday trading on Friday, hitting $71.35. 7,256,902 shares of the company traded hands, compared to its average volume of 7,878,454. The firm’s fifty day moving average is $71.76 and its 200-day moving average is $71.77. Vanguard Total Bond Market ETF has a 12-month low of $67.99 and a 12-month high of $74.38.

Vanguard Total Bond Market ETF Cuts Dividend

The company also recently announced a dividend, which will be paid on Monday, May 6th. Stockholders of record on Thursday, May 2nd will be paid a $0.2138 dividend. The ex-dividend date is Wednesday, May 1st.

About Vanguard Total Bond Market ETF

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.