BlueStem Wealth Partners LLC Takes $38.24 Million Position in Vanguard Total Bond Market ETF (NASDAQ:BND)

BlueStem Wealth Partners LLC acquired a new position in Vanguard Total Bond Market ETF (NASDAQ:BND) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 531,701 shares of the company’s stock, valued at approximately $38,235,000. Vanguard Total Bond Market ETF accounts for about 5.0% of BlueStem Wealth Partners LLC’s portfolio, making the stock its 7th biggest holding.

A number of other hedge funds also recently added to or reduced their stakes in BND. PCG Asset Management LLC acquired a new position in shares of Vanguard Total Bond Market ETF during the fourth quarter valued at about $2,297,000. Sherman Asset Management Inc. purchased a new stake in Vanguard Total Bond Market ETF in the 4th quarter worth approximately $2,733,000. TPG Advisors LLC lifted its position in shares of Vanguard Total Bond Market ETF by 14.0% during the 4th quarter. TPG Advisors LLC now owns 21,565 shares of the company’s stock valued at $1,551,000 after buying an additional 2,645 shares in the last quarter. US Bancorp DE lifted its position in shares of Vanguard Total Bond Market ETF by 1.7% during the 4th quarter. US Bancorp DE now owns 547,557 shares of the company’s stock valued at $39,375,000 after buying an additional 9,160 shares in the last quarter. Finally, Fisher Asset Management LLC lifted its position in shares of Vanguard Total Bond Market ETF by 9.1% during the 4th quarter. Fisher Asset Management LLC now owns 73,454 shares of the company’s stock valued at $5,282,000 after buying an additional 6,130 shares in the last quarter.

Vanguard Total Bond Market ETF Price Performance

NASDAQ BND opened at $73.66 on Friday. The business has a fifty day moving average price of $72.18 and a 200 day moving average price of $73.26. Vanguard Total Bond Market ETF has a one year low of $70.37 and a one year high of $75.67.

Vanguard Total Bond Market ETF Increases Dividend

The business also recently announced a dividend, which was paid on Wednesday, February 5th. Shareholders 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.

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.