Verus Advisory Inc. Purchases Shares of 354,323 Vanguard Total Bond Market ETF $BND

Verus Advisory Inc. acquired a new stake in Vanguard Total Bond Market ETF (NASDAQ:BND) during the 4th quarter, Holdings Channel reports. The firm acquired 354,323 shares of the company’s stock, valued at approximately $26,312,000. Vanguard Total Bond Market ETF comprises approximately 17.2% of Verus Advisory Inc.’s portfolio, making the stock its 3rd largest position.

A number of other hedge funds have also recently made changes to their positions in the business. Hilton Head Capital Partners LLC purchased a new position in Vanguard Total Bond Market ETF in the 4th quarter worth approximately $26,000. Wilkerson Advisory Group LLC purchased a new stake in Vanguard Total Bond Market ETF during the 4th quarter valued at approximately $26,000. CKW Financial Group purchased a new stake in Vanguard Total Bond Market ETF during the 4th quarter valued at approximately $28,000. Kelleher Financial Advisors bought a new stake in shares of Vanguard Total Bond Market ETF during the third quarter valued at approximately $32,000. Finally, FAS Wealth Partners Inc. raised its position in shares of Vanguard Total Bond Market ETF by 1,064.1% during the fourth quarter. FAS Wealth Partners Inc. now owns 454 shares of the company’s stock valued at $34,000 after buying an additional 415 shares during the last quarter.

Vanguard Total Bond Market ETF Price Performance

BND stock opened at $73.34 on Friday. The company’s fifty day moving average price is $73.35 and its 200-day moving average price is $73.87. Vanguard Total Bond Market ETF has a one year low of $72.34 and a one year high of $75.23.

Vanguard Total Bond Market ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, June 3rd. Shareholders of record on Monday, June 1st were issued a $0.2473 dividend. This represents a c) dividend on an annualized basis and a yield of 4.0%. The ex-dividend date was Monday, June 1st.

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.