Bluestem Financial Advisors LLC Cuts Stake in Vanguard Total Bond Market ETF $BND

Bluestem Financial Advisors LLC cut its holdings in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 2.6% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 725,952 shares of the company’s stock after selling 19,214 shares during the period. Vanguard Total Bond Market ETF makes up about 20.6% of Bluestem Financial Advisors LLC’s investment portfolio, making the stock its 2nd largest holding. Bluestem Financial Advisors LLC’s holdings in Vanguard Total Bond Market ETF were worth $53,459,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in BND. SilverOak Wealth Management LLC raised its stake in shares of Vanguard Total Bond Market ETF by 7.7% during the first quarter. SilverOak Wealth Management LLC now owns 15,595 shares of the company’s stock valued at $1,148,000 after purchasing an additional 1,114 shares in the last quarter. KERR FINANCIAL PLANNING Corp grew its position in Vanguard Total Bond Market ETF by 11.7% in the 1st quarter. KERR FINANCIAL PLANNING Corp now owns 1,860 shares of the company’s stock valued at $137,000 after buying an additional 195 shares in the last quarter. Addison Capital Co grew its position in Vanguard Total Bond Market ETF by 54.5% in the 1st quarter. Addison Capital Co now owns 517,197 shares of the company’s stock valued at $38,086,000 after buying an additional 182,495 shares in the last quarter. FIDELIS iM LLC increased its stake in Vanguard Total Bond Market ETF by 16.9% during the 1st quarter. FIDELIS iM LLC now owns 120,753 shares of the company’s stock valued at $8,892,000 after buying an additional 17,422 shares during the period. Finally, K2 Financial Inc. increased its stake in Vanguard Total Bond Market ETF by 4.5% during the 1st quarter. K2 Financial Inc. now owns 105,824 shares of the company’s stock valued at $7,816,000 after buying an additional 4,576 shares during the period.

Vanguard Total Bond Market ETF Stock Performance

BND stock opened at $72.70 on Thursday. Vanguard Total Bond Market ETF has a 52 week low of $72.34 and a 52 week high of $75.23. The firm’s 50-day moving average is $73.19 and its two-hundred day moving average is $73.78.

Vanguard Total Bond Market ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, July 6th. Investors of record on Wednesday, July 1st were paid a dividend of $0.2445 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date was Wednesday, July 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.