Bluestem Financial Advisors LLC Has $16.64 Million Holdings in Vanguard Total Bond Market ETF (NASDAQ:BND)

Bluestem Financial Advisors LLC raised its position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 3.8% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 228,864 shares of the company’s stock after purchasing an additional 8,301 shares during the quarter. Vanguard Total Bond Market ETF accounts for about 10.1% of Bluestem Financial Advisors LLC’s investment portfolio, making the stock its 5th biggest holding. Bluestem Financial Advisors LLC’s holdings in Vanguard Total Bond Market ETF were worth $16,636,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Milestone Investment Advisors LLC boosted its holdings in shares of Vanguard Total Bond Market ETF by 505.3% during the 1st quarter. Milestone Investment Advisors LLC now owns 345 shares of the company’s stock valued at $25,000 after acquiring an additional 288 shares during the last quarter. GoalVest Advisory LLC purchased a new stake in shares of Vanguard Total Bond Market ETF during the 1st quarter valued at about $32,000. Cullen Frost Bankers Inc. boosted its holdings in shares of Vanguard Total Bond Market ETF by 14,533.3% during the 1st quarter. Cullen Frost Bankers Inc. now owns 439 shares of the company’s stock valued at $32,000 after acquiring an additional 436 shares during the last quarter. Ahrens Investment Partners LLC purchased a new stake in shares of Vanguard Total Bond Market ETF during the 1st quarter valued at about $33,000. Finally, Farmers & Merchants Trust Co of Chambersburg PA purchased a new position in shares of Vanguard Total Bond Market ETF in the first quarter worth approximately $35,000.

Vanguard Total Bond Market ETF Stock Performance

Shares of BND traded down $0.06 on Tuesday, reaching $70.80. The company’s stock had a trading volume of 2,018,421 shares, compared to its average volume of 5,134,644. The stock’s 50 day simple moving average is $71.59 and its two-hundred day simple moving average is $72.62. Vanguard Total Bond Market ETF has a 12-month low of $69.09 and a 12-month high of $74.90.

Vanguard Total Bond Market ETF Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, September 7th. Shareholders of record on Tuesday, September 5th were issued a dividend of $0.1957 per share. The ex-dividend date of this dividend was Friday, September 1st. This is an increase from Vanguard Total Bond Market ETF’s previous dividend of $0.19.

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.