Vanguard Total Bond Market ETF (NASDAQ:BND) Stock Holdings Cut by Cherry Tree Wealth Management LLC

Cherry Tree Wealth Management LLC trimmed its position in Vanguard Total Bond Market ETF (NASDAQ:BND) by 0.7% during the 4th quarter, HoldingsChannel reports. The firm owned 278,762 shares of the company’s stock after selling 1,886 shares during the period. Vanguard Total Bond Market ETF comprises about 5.0% of Cherry Tree Wealth Management LLC’s investment 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 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. JPMorgan Chase & Co. raised its stake in shares of Vanguard Total Bond Market ETF by 5.6% in the third quarter. JPMorgan Chase & Co. now owns 89,037,239 shares of the company’s stock worth $6,687,587,000 after buying an additional 4,687,550 shares during the period. Allworth Financial LP raised its stake in shares of Vanguard Total Bond Market ETF by 9.4% in the fourth quarter. Allworth Financial LP now owns 19,321,863 shares of the company’s stock worth $1,391,367,000 after buying an additional 1,664,458 shares during the period. LPL Financial LLC raised its stake in shares of Vanguard Total Bond Market ETF by 3.7% in the third quarter. LPL Financial LLC now owns 14,487,899 shares of the company’s stock worth $1,088,186,000 after buying an additional 518,083 shares during the period. The Manufacturers Life Insurance Company raised its stake in shares of Vanguard Total Bond Market ETF by 5.2% in the third quarter. The Manufacturers Life Insurance Company now owns 11,045,127 shares of the company’s stock worth $829,599,000 after buying an additional 548,650 shares during the period. Finally, Arizona PSPRS Trust raised its stake in shares of Vanguard Total Bond Market ETF by 0.9% in the third quarter. Arizona PSPRS Trust now owns 6,623,391 shares of the company’s stock worth $497,483,000 after buying an additional 59,774 shares during the period.

Vanguard Total Bond Market ETF Stock Up 0.4 %

NASDAQ BND opened at $72.76 on Monday. The stock’s 50-day moving average price is $72.09 and its 200-day moving average price is $73.28. Vanguard Total Bond Market ETF has a 52 week low of $70.37 and a 52 week high of $75.67.

Vanguard Total Bond Market ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, February 5th. Stockholders of record on Monday, February 3rd were paid a $0.2348 dividend. The ex-dividend date of this dividend was Monday, February 3rd. This is an increase from Vanguard Total Bond Market ETF’s previous dividend of $0.23.

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.