Verus Capital Partners LLC Has $3.62 Million Stock Holdings in Vanguard Total Bond Market ETF $BND

Verus Capital Partners LLC grew its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 970.5% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 48,802 shares of the company’s stock after purchasing an additional 44,243 shares during the quarter. Verus Capital Partners LLC’s holdings in Vanguard Total Bond Market ETF were worth $3,615,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in BND. CKW Financial Group bought a new stake in Vanguard Total Bond Market ETF in the fourth quarter valued at about $28,000. Kelleher Financial Advisors bought a new stake in Vanguard Total Bond Market ETF in the third quarter valued at about $32,000. Steigerwald Gordon & Koch Inc. bought a new stake in Vanguard Total Bond Market ETF in the fourth quarter valued at about $43,000. Kingdom Financial Group LLC. acquired a new position in shares of Vanguard Total Bond Market ETF during the 4th quarter worth about $43,000. Finally, TCTC Holdings LLC acquired a new position in shares of Vanguard Total Bond Market ETF during the 3rd quarter worth about $51,000.

Vanguard Total Bond Market ETF Trading Down 0.2%

Shares of NASDAQ:BND opened at $73.06 on Thursday. The firm’s 50 day simple moving average is $73.42 and its 200 day simple moving average is $73.98. Vanguard Total Bond Market ETF has a fifty-two week low of $72.19 and a fifty-two week high of $75.23.

Vanguard Total Bond Market ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, June 3rd. Shareholders of record on Monday, June 1st were issued a $0.2473 dividend. The ex-dividend date was Monday, June 1st. This represents a c) annualized dividend and a yield of 4.1%.

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.