1,790,540 Shares in Vanguard Total Bond Market ETF $BND Purchased by Verus Financial Partners Inc.

Verus Financial Partners Inc. acquired a new stake in Vanguard Total Bond Market ETF (NASDAQ:BND) in the 3rd quarter, Holdings Channel.com reports. The institutional investor acquired 1,790,540 shares of the company’s stock, valued at approximately $125,606,000. Vanguard Total Bond Market ETF accounts for about 10.7% of Verus Financial Partners Inc.’s investment portfolio, making the stock its 2nd largest holding.

Other institutional investors have also modified their holdings of the company. Kingsbury Capital Investment Advisors LLC increased its position in shares of Vanguard Total Bond Market ETF by 2.4% during the 2nd quarter. Kingsbury Capital Investment Advisors LLC now owns 6,306 shares of the company’s stock valued at $463,000 after purchasing an additional 145 shares during the last quarter. Nilsine Partners LLC raised its holdings in Vanguard Total Bond Market ETF by 1.1% during the 2nd quarter. Nilsine Partners LLC now owns 14,004 shares of the company’s stock valued at $1,028,000 after buying an additional 147 shares during the period. Value Investment Professionals LLC raised its holdings in Vanguard Total Bond Market ETF by 1.9% during the 2nd quarter. Value Investment Professionals LLC now owns 7,827 shares of the company’s stock valued at $575,000 after buying an additional 149 shares during the period. Tiller Private Wealth Inc. raised its holdings in Vanguard Total Bond Market ETF by 5.6% during the 3rd quarter. Tiller Private Wealth Inc. now owns 2,918 shares of the company’s stock valued at $205,000 after buying an additional 156 shares during the period. Finally, Latitude Advisors LLC lifted its position in Vanguard Total Bond Market ETF by 4.2% in the first quarter. Latitude Advisors LLC now owns 3,930 shares of the company’s stock worth $289,000 after buying an additional 158 shares during the last quarter.

Vanguard Total Bond Market ETF Stock Performance

Shares of BND opened at $71.53 on Friday. The business has a fifty day moving average of $71.13 and a 200 day moving average of $72.88. Vanguard Total Bond Market ETF has a 52-week low of $69.65 and a 52-week high of $75.23.

Vanguard Total Bond Market ETF Company 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.