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

Verus Capital Partners LLC grew its holdings in Vanguard Total Bond Market ETF (NASDAQ:BND) by 970.5% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 48,802 shares of the company’s stock after acquiring 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.

Other hedge funds also recently modified their holdings of the company. HighTower Advisors LLC lifted its stake in Vanguard Total Bond Market ETF by 6.1% in the third quarter. HighTower Advisors LLC now owns 3,990,437 shares of the company’s stock valued at $296,769,000 after buying an additional 227,732 shares in the last quarter. Bright Futures Wealth Management LLC. bought a new stake in shares of Vanguard Total Bond Market ETF during the third quarter worth $524,000. BlueStem Wealth Partners LLC increased its position in shares of Vanguard Total Bond Market ETF by 6.1% during the third quarter. BlueStem Wealth Partners LLC now owns 261,254 shares of the company’s stock worth $19,429,000 after acquiring an additional 14,988 shares in the last quarter. Armstrong Advisory Group Inc. increased its position in shares of Vanguard Total Bond Market ETF by 3.8% during the fourth quarter. Armstrong Advisory Group Inc. now owns 1,259,561 shares of the company’s stock worth $93,296,000 after acquiring an additional 46,340 shares in the last quarter. Finally, Gridiron Partners LLC increased its position in shares of Vanguard Total Bond Market ETF by 2,357.4% during the fourth quarter. Gridiron Partners LLC now owns 592,019 shares of the company’s stock worth $43,851,000 after acquiring an additional 567,928 shares in the last quarter.

Vanguard Total Bond Market ETF Price Performance

Shares of BND stock opened at $73.06 on Thursday. The firm has a fifty day moving average of $73.42 and a 200-day moving average of $73.98. Vanguard Total Bond Market ETF has a 12-month low of $72.19 and a 12-month high of $75.23.

Vanguard Total Bond Market ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, June 3rd. Stockholders of record on Monday, June 1st were given a dividend of $0.2473 per share. The ex-dividend date of this dividend was Monday, June 1st. This represents a c) annualized dividend and a dividend 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.