Vanguard Total Bond Market ETF (NASDAQ:BND) Shares Purchased by Verus Financial Partners Inc.

Verus Financial Partners Inc. lifted its holdings in Vanguard Total Bond Market ETF (NASDAQ:BND) by 6.5% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,408,780 shares of the company’s stock after acquiring an additional 86,402 shares during the period. Vanguard Total Bond Market ETF makes up approximately 11.8% of Verus Financial Partners Inc.’s investment portfolio, making the stock its 2nd largest position. Verus Financial Partners Inc. owned about 0.09% of Vanguard Total Bond Market ETF worth $101,503,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Essex Financial Services Inc. lifted its position in Vanguard Total Bond Market ETF by 4.9% during the second quarter. Essex Financial Services Inc. now owns 3,009 shares of the company’s stock worth $217,000 after purchasing an additional 140 shares during the period. Paulson Wealth Management Inc. boosted its position in shares of Vanguard Total Bond Market ETF by 3.7% during the 4th quarter. Paulson Wealth Management Inc. now owns 3,990 shares of the company’s stock worth $293,000 after acquiring an additional 141 shares in the last quarter. Hill Investment Group Partners LLC boosted its position in shares of Vanguard Total Bond Market ETF by 0.8% during the 2nd quarter. Hill Investment Group Partners LLC now owns 17,571 shares of the company’s stock worth $1,277,000 after acquiring an additional 144 shares in the last quarter. Security Financial Services INC. increased its stake in Vanguard Total Bond Market ETF by 0.4% in the first quarter. Security Financial Services INC. now owns 36,527 shares of the company’s stock valued at $2,653,000 after acquiring an additional 150 shares during the last quarter. Finally, Family CFO Inc raised its position in Vanguard Total Bond Market ETF by 8.4% during the first quarter. Family CFO Inc now owns 1,943 shares of the company’s stock valued at $141,000 after purchasing an additional 151 shares in the last quarter.

Vanguard Total Bond Market ETF Stock Up 0.2 %

Shares of BND stock opened at $74.96 on Friday. Vanguard Total Bond Market ETF has a fifty-two week low of $67.99 and a fifty-two week high of $74.99. The stock’s fifty day moving average price is $73.50 and its two-hundred day moving average price is $72.42.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, September 5th. Investors of record on Tuesday, September 3rd were paid a $0.2255 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd. This is a positive change from Vanguard Total Bond Market ETF’s previous dividend of $0.22.

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.