Verus Capital Partners LLC Cuts Position in Vanguard Total Bond Market ETF (NASDAQ:BND)

Verus Capital Partners LLC decreased its holdings in Vanguard Total Bond Market ETF (NASDAQ:BND) by 3.9% in the fourth quarter, HoldingsChannel.com reports. The firm owned 8,914 shares of the company’s stock after selling 362 shares during the quarter. Verus Capital Partners LLC’s holdings in Vanguard Total Bond Market ETF were worth $641,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of BND. N.E.W. Advisory Services LLC raised its stake in shares of Vanguard Total Bond Market ETF by 36.7% during the 4th quarter. N.E.W. Advisory Services LLC now owns 366,039 shares of the company’s stock worth $26,322,000 after buying an additional 98,201 shares during the period. Joel Adams & Associates Inc. acquired a new stake in Vanguard Total Bond Market ETF in the 4th quarter valued at $1,459,000. Truist Financial Corp increased its holdings in Vanguard Total Bond Market ETF by 115.3% in the 4th quarter. Truist Financial Corp now owns 2,230,934 shares of the company’s stock worth $160,426,000 after acquiring an additional 1,194,696 shares in the last quarter. Estate Counselors LLC raised its position in Vanguard Total Bond Market ETF by 42.8% during the third quarter. Estate Counselors LLC now owns 23,638 shares of the company’s stock worth $1,772,000 after acquiring an additional 7,083 shares during the period. Finally, Aurelius Family Office LLC purchased a new position in Vanguard Total Bond Market ETF during the fourth quarter valued at $7,595,000.

Vanguard Total Bond Market ETF Trading Up 0.4 %

Shares of NASDAQ BND opened at $73.66 on Friday. The company’s 50-day simple moving average is $72.18 and its 200-day simple moving average is $73.27. Vanguard Total Bond Market ETF has a 52-week low of $70.37 and a 52-week high of $75.67.

Vanguard Total Bond Market ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, February 5th. Investors of record on Monday, February 3rd were issued a $0.2348 dividend. This is a boost from Vanguard Total Bond Market ETF’s previous dividend of $0.23. The ex-dividend date was Monday, February 3rd.

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.