Verus Capital Partners LLC Purchases 26,761 Shares of Vanguard Total Bond Market ETF $BND

Verus Capital Partners LLC increased its position in Vanguard Total Bond Market ETF (NASDAQ:BND) by 54.8% during the first quarter, Holdings Channel.com reports. The institutional investor owned 75,563 shares of the company’s stock after purchasing an additional 26,761 shares during the period. Verus Capital Partners LLC’s holdings in Vanguard Total Bond Market ETF were worth $5,564,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in BND. Hilton Head Capital Partners LLC bought a new stake in Vanguard Total Bond Market ETF in the 4th quarter worth approximately $26,000. Wilkerson Advisory Group LLC bought a new position in shares of Vanguard Total Bond Market ETF during the 4th quarter valued at approximately $26,000. CKW Financial Group bought a new position in shares of Vanguard Total Bond Market ETF during the 4th quarter valued at approximately $28,000. Whittier Trust Co. of Nevada Inc. boosted its position in shares of Vanguard Total Bond Market ETF by 159.7% during the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 387 shares of the company’s stock valued at $28,000 after acquiring an additional 238 shares during the last quarter. Finally, Kelleher Financial Advisors purchased a new position in shares of Vanguard Total Bond Market ETF in the third quarter valued at $32,000.

Vanguard Total Bond Market ETF Stock Performance

Shares of BND opened at $72.23 on Friday. The company’s fifty day moving average is $72.99 and its 200 day moving average is $73.59. Vanguard Total Bond Market ETF has a fifty-two week low of $72.13 and a fifty-two week high of $75.23.

Vanguard Total Bond Market ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, July 6th. Shareholders of record on Wednesday, July 1st were given a dividend of $0.2445 per share. The ex-dividend date was Wednesday, July 1st. This represents a c) annualized dividend and a yield of 4.1%.

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.