Clarus Wealth Advisors Grows Stock Holdings in Vanguard Total Bond Market ETF $BND

Clarus Wealth Advisors lifted its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 11.9% during the second quarter, HoldingsChannel.com reports. The firm owned 88,757 shares of the company’s stock after purchasing an additional 9,456 shares during the quarter. Vanguard Total Bond Market ETF makes up about 2.3% of Clarus Wealth Advisors’ portfolio, making the stock its 11th largest holding. Clarus Wealth Advisors’ holdings in Vanguard Total Bond Market ETF were worth $6,453,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. USAdvisors Wealth Management LLC raised its stake in Vanguard Total Bond Market ETF by 2.3% during the fourth quarter. USAdvisors Wealth Management LLC now owns 6,384 shares of the company’s stock valued at $472,000 after buying an additional 141 shares during the last quarter. BCO Wealth Management LLC grew its stake in shares of Vanguard Total Bond Market ETF by 0.3% in the first quarter. BCO Wealth Management LLC now owns 49,894 shares of the company’s stock worth $3,674,000 after acquiring an additional 143 shares during the last quarter. Novak & Powell Financial Services Inc. grew its stake in shares of Vanguard Total Bond Market ETF by 1.0% in the fourth quarter. Novak & Powell Financial Services Inc. now owns 14,360 shares of the company’s stock worth $1,064,000 after acquiring an additional 149 shares during the last quarter. Value Investment Professionals LLC grew its stake 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 acquiring an additional 149 shares during the last quarter. Finally, Cornerstone Management Inc. increased its holdings in shares of Vanguard Total Bond Market ETF by 3.6% during the fourth quarter. Cornerstone Management Inc. now owns 4,374 shares of the company’s stock valued at $324,000 after acquiring an additional 152 shares in the last quarter.

Vanguard Total Bond Market ETF Stock Down 0.6%

BND opened at $71.79 on Wednesday. The stock has a 50-day moving average price of $72.61 and a 200-day moving average price of $73.30. Vanguard Total Bond Market ETF has a 1 year low of $71.77 and a 1 year high of $75.23.

Vanguard Total Bond Market ETF Increases Dividend

The company also recently disclosed a monthly dividend, which will be paid on Thursday, September 3rd. Investors of record on Tuesday, September 1st will be given a dividend of $0.2529 per share. This is a positive change from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.25. The ex-dividend date of this dividend is Tuesday, September 1st. This represents a c) annualized dividend and a yield of 4.2%.

Vanguard Total Bond Market ETF Company 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.