Vanguard Total Bond Market ETF $BND is Verus Wealth Management LLC’s 5th Largest Position

Verus Wealth Management LLC raised its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 7.1% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 83,628 shares of the company’s stock after purchasing an additional 5,569 shares during the period. Vanguard Total Bond Market ETF comprises 6.2% of Verus Wealth Management LLC’s portfolio, making the stock its 5th largest holding. Verus Wealth Management LLC’s holdings in Vanguard Total Bond Market ETF were worth $6,158,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Jackson Grant Investment Advisers Inc. increased its position in Vanguard Total Bond Market ETF by 2.8% during the second quarter. Jackson Grant Investment Advisers Inc. now owns 5,342 shares of the company’s stock worth $393,000 after buying an additional 144 shares during the period. Grimes & Company Inc. increased its holdings in shares of Vanguard Total Bond Market ETF by 0.8% in the 1st quarter. Grimes & Company Inc. now owns 18,612 shares of the company’s stock valued at $1,367,000 after acquiring an additional 146 shares during the period. Catalyst Financial Partners LLC raised its position in Vanguard Total Bond Market ETF by 1.1% in the 1st quarter. Catalyst Financial Partners LLC now owns 13,735 shares of the company’s stock valued at $1,009,000 after purchasing an additional 150 shares during the last quarter. May Hill Capital LLC boosted its stake in Vanguard Total Bond Market ETF by 0.9% during the 1st quarter. May Hill Capital LLC now owns 17,380 shares of the company’s stock worth $1,277,000 after purchasing an additional 152 shares during the period. Finally, Christensen King & Associates Investment Services Inc. boosted its stake in Vanguard Total Bond Market ETF by 1.4% during the 2nd quarter. Christensen King & Associates Investment Services Inc. now owns 11,294 shares of the company’s stock worth $832,000 after purchasing an additional 155 shares during the period.

Vanguard Total Bond Market ETF Stock Performance

NASDAQ BND opened at $74.31 on Friday. The firm’s fifty day moving average is $73.92 and its two-hundred day moving average is $73.19. Vanguard Total Bond Market ETF has a one year low of $71.10 and a one year high of $74.92.

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.