Verus Financial Partners Inc. Buys 71,054 Shares of Vanguard Total Bond Market ETF $BND

Verus Financial Partners Inc. raised its stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 4.2% in the first quarter, according to its most recent 13F filing with the SEC. The fund owned 1,782,940 shares of the company’s stock after buying an additional 71,054 shares during the period. Vanguard Total Bond Market ETF comprises about 11.8% of Verus Financial Partners Inc.’s portfolio, making the stock its 2nd largest holding. Verus Financial Partners Inc.’s holdings in Vanguard Total Bond Market ETF were worth $131,527,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of the stock. DiPaolo Financial Group Inc. acquired a new position in Vanguard Total Bond Market ETF in the 4th quarter worth about $1,506,000. BlueStem Wealth Partners LLC increased its position in shares of Vanguard Total Bond Market ETF by 6.1% in the third quarter. BlueStem Wealth Partners LLC now owns 261,254 shares of the company’s stock valued at $19,429,000 after buying an additional 14,988 shares in the last quarter. Bright Futures Wealth Management LLC. purchased a new stake in shares of Vanguard Total Bond Market ETF in the third quarter valued at approximately $524,000. Armstrong Advisory Group Inc. raised its stake in shares of Vanguard Total Bond Market ETF by 3.8% during the 4th quarter. Armstrong Advisory Group Inc. now owns 1,259,561 shares of the company’s stock worth $93,296,000 after buying an additional 46,340 shares during the period. Finally, Five Pine Wealth Management lifted its position in shares of Vanguard Total Bond Market ETF by 5.0% during the 4th quarter. Five Pine Wealth Management now owns 310,491 shares of the company’s stock valued at $22,998,000 after buying an additional 14,798 shares in the last quarter.

Vanguard Total Bond Market ETF Price Performance

Vanguard Total Bond Market ETF stock opened at $73.60 on Friday. The company’s fifty day moving average price is $73.31 and its 200 day moving average price is $73.84. Vanguard Total Bond Market ETF has a 1 year low of $72.34 and a 1 year 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. Shareholders of record on Monday, June 1st were issued a dividend of $0.2473 per share. This represents a c) annualized dividend and a yield of 4.0%. The ex-dividend date of this dividend was Monday, June 1st.

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.