Silver Oak Securities Incorporated Boosts Stock Position in Vanguard Total Bond Market ETF (NASDAQ:BND)

Silver Oak Securities Incorporated lifted its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 35.3% in the 4th quarter, Holdings Channel.com reports. The firm owned 190,122 shares of the company’s stock after purchasing an additional 49,586 shares during the period. Vanguard Total Bond Market ETF makes up about 1.3% of Silver Oak Securities Incorporated’s investment portfolio, making the stock its 12th biggest position. Silver Oak Securities Incorporated’s holdings in Vanguard Total Bond Market ETF were worth $13,694,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in BND. Christopher J. Hasenberg Inc acquired a new stake in shares of Vanguard Total Bond Market ETF during the 4th quarter worth approximately $31,000. Sound Income Strategies LLC grew its position in Vanguard Total Bond Market ETF by 44.1% in the fourth quarter. Sound Income Strategies LLC now owns 477 shares of the company’s stock worth $34,000 after acquiring an additional 146 shares during the period. YANKCOM Partnership purchased a new position in Vanguard Total Bond Market ETF in the fourth quarter worth approximately $45,000. Future Financial Wealth Managment LLC acquired a new stake in Vanguard Total Bond Market ETF during the third quarter worth $46,000. Finally, Northwest Investment Counselors LLC purchased a new stake in Vanguard Total Bond Market ETF in the third quarter valued at $46,000.

Vanguard Total Bond Market ETF Stock Up 0.5 %

Shares of Vanguard Total Bond Market ETF stock opened at $72.64 on Thursday. The business’s fifty day simple moving average is $72.32 and its 200-day simple moving average is $73.36. 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 business also recently announced a dividend, which was paid on Wednesday, February 5th. Shareholders of record on Monday, February 3rd were paid a dividend of $0.2348 per share. The ex-dividend date of this dividend was Monday, February 3rd. This is a positive change from Vanguard Total Bond Market ETF’s previous dividend of $0.23.

Vanguard Total Bond Market ETF 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.