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

Silver Oak Securities Incorporated lifted its position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 43.0% during the 3rd quarter, HoldingsChannel reports. The fund owned 140,536 shares of the company’s stock after purchasing an additional 42,278 shares during the period. Vanguard Total Bond Market ETF accounts for 1.1% of Silver Oak Securities Incorporated’s portfolio, making the stock its 17th biggest position. Silver Oak Securities Incorporated’s holdings in Vanguard Total Bond Market ETF were worth $10,580,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also modified their holdings of the company. Financial Architects LLC boosted its stake in shares of Vanguard Total Bond Market ETF by 1.8% during the 3rd quarter. Financial Architects LLC now owns 201,605 shares of the company’s stock worth $15,143,000 after acquiring an additional 3,530 shares in the last quarter. Schmidt P J Investment Management Inc. boosted its stake in shares of Vanguard Total Bond Market ETF by 3.6% during the 3rd quarter. Schmidt P J Investment Management Inc. now owns 11,560 shares of the company’s stock worth $868,000 after acquiring an additional 404 shares in the last quarter. Tectonic Advisors LLC boosted its stake in shares of Vanguard Total Bond Market ETF by 6.3% during the 3rd quarter. Tectonic Advisors LLC now owns 536,573 shares of the company’s stock worth $40,302,000 after acquiring an additional 31,749 shares in the last quarter. Dakota Wealth Management boosted its stake in shares of Vanguard Total Bond Market ETF by 9.5% during the 3rd quarter. Dakota Wealth Management now owns 21,751 shares of the company’s stock worth $1,634,000 after acquiring an additional 1,888 shares in the last quarter. Finally, Investment Research & Advisory Group Inc. raised its position in shares of Vanguard Total Bond Market ETF by 14.9% during the 3rd quarter. Investment Research & Advisory Group Inc. now owns 13,069 shares of the company’s stock worth $982,000 after purchasing an additional 1,691 shares during the last quarter.

Vanguard Total Bond Market ETF Stock Performance

BND opened at $73.31 on Friday. Vanguard Total Bond Market ETF has a twelve month low of $68.20 and a twelve month high of $75.67. The company has a 50-day moving average price of $74.60 and a 200 day moving average price of $72.99.

Vanguard Total Bond Market ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, September 5th. Investors of record on Tuesday, September 3rd were given a dividend of $0.2255 per share. The ex-dividend date of this dividend was Tuesday, September 3rd. This is an increase 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.