Verus Wealth Management LLC Sells 10,225 Shares of Vanguard Total Bond Market ETF $BND

Verus Wealth Management LLC cut its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 10.1% in the 3rd quarter, Holdings Channel.com reports. The fund owned 91,450 shares of the company’s stock after selling 10,225 shares during the quarter. Vanguard Total Bond Market ETF comprises approximately 4.0% of Verus Wealth Management LLC’s investment portfolio, making the stock its 5th biggest position. Verus Wealth Management LLC’s holdings in Vanguard Total Bond Market ETF were worth $6,415,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. BCO Wealth Management LLC lifted its position in shares of Vanguard Total Bond Market ETF by 0.3% during the 1st quarter. BCO Wealth Management LLC now owns 49,894 shares of the company’s stock valued at $3,674,000 after acquiring an additional 143 shares during the period. Kingsbury Capital Investment Advisors LLC grew its holdings in shares of Vanguard Total Bond Market ETF by 2.4% during the 2nd quarter. Kingsbury Capital Investment Advisors LLC now owns 6,306 shares of the company’s stock worth $463,000 after purchasing an additional 145 shares in the last quarter. Nilsine Partners LLC increased its position in shares of Vanguard Total Bond Market ETF by 1.1% in the second quarter. Nilsine Partners LLC now owns 14,004 shares of the company’s stock worth $1,028,000 after purchasing an additional 147 shares during the period. Value Investment Professionals LLC increased its position in shares of Vanguard Total Bond Market ETF by 1.9% in the second quarter. Value Investment Professionals LLC now owns 7,827 shares of the company’s stock worth $575,000 after purchasing an additional 149 shares during the period. Finally, Latitude Advisors LLC increased its position in shares of Vanguard Total Bond Market ETF by 4.2% in the first quarter. Latitude Advisors LLC now owns 3,930 shares of the company’s stock worth $289,000 after purchasing an additional 158 shares during the period.

Vanguard Total Bond Market ETF Stock Up 0.1%

BND stock traded up $0.08 during midday trading on Tuesday, reaching $70.33. The company had a trading volume of 15,067,307 shares, compared to its average volume of 9,082,808. The stock has a 50 day moving average price of $71.45 and a 200-day moving average price of $72.57. Vanguard Total Bond Market ETF has a 1-year low of $69.65 and a 1-year high of $75.23.

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.