Cornerstone Investment Partners LLC Reduces Stock Position in Vanguard Total Bond Market ETF $BND

Cornerstone Investment Partners LLC trimmed its holdings in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 7.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 895,326 shares of the company’s stock after selling 68,948 shares during the quarter. Vanguard Total Bond Market ETF accounts for approximately 2.9% of Cornerstone Investment Partners LLC’s holdings, making the stock its 16th biggest holding. Cornerstone Investment Partners LLC owned approximately 0.05% of Vanguard Total Bond Market ETF worth $65,923,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in BND. Cheviot Value Management LLC bought a new stake in shares of Vanguard Total Bond Market ETF in the 1st quarter valued at approximately $25,000. Whittier Trust Co. of Nevada Inc. increased its stake in Vanguard Total Bond Market ETF by 96.3% in the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 473 shares of the company’s stock worth $35,000 after buying an additional 232 shares during the period. Painted Porch Advisors LLC raised its stake in shares of Vanguard Total Bond Market ETF by 688.7% during the second quarter. Painted Porch Advisors LLC now owns 489 shares of the company’s stock valued at $36,000 after acquiring an additional 427 shares in the last quarter. Opal Wealth Advisors LLC increased its stake in shares of Vanguard Total Bond Market ETF by 69.8% during the second quarter. Opal Wealth Advisors LLC now owns 494 shares of the company’s stock valued at $36,000 after buying an additional 203 shares during the period. Finally, Hantz Financial Services Inc. raised its holdings in shares of Vanguard Total Bond Market ETF by 189.3% in the 2nd quarter. Hantz Financial Services Inc. now owns 567 shares of the company’s stock valued at $42,000 after purchasing an additional 371 shares in the last quarter.

Vanguard Total Bond Market ETF Stock Performance

NASDAQ:BND opened at $74.37 on Friday. The company’s 50-day simple moving average is $74.46 and its 200-day simple moving average is $73.48. Vanguard Total Bond Market ETF has a fifty-two week low of $71.10 and a fifty-two week high of $75.15.

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.