Silver Oak Advisory Group Inc. Raises Position in Vanguard Total Bond Market ETF (NASDAQ:BND)

Silver Oak Advisory Group Inc. raised its position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 2.2% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 527,765 shares of the company’s stock after buying an additional 11,359 shares during the period. Vanguard Total Bond Market ETF comprises 20.3% of Silver Oak Advisory Group Inc.’s portfolio, making the stock its biggest position. Silver Oak Advisory Group Inc.’s holdings in Vanguard Total Bond Market ETF were worth $39,640,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the company. Darwin Wealth Management LLC bought a new position in shares of Vanguard Total Bond Market ETF in the third quarter valued at about $189,000. Commerce Bank grew its holdings in Vanguard Total Bond Market ETF by 36.0% during the 3rd quarter. Commerce Bank now owns 91,634 shares of the company’s stock worth $6,883,000 after acquiring an additional 24,251 shares during the last quarter. Strategy Asset Managers LLC acquired a new stake in Vanguard Total Bond Market ETF in the 3rd quarter valued at about $773,000. Roger Wittlin Investment Advisory LLC raised its stake in shares of Vanguard Total Bond Market ETF by 5.3% in the third quarter. Roger Wittlin Investment Advisory LLC now owns 75,703 shares of the company’s stock worth $5,686,000 after acquiring an additional 3,803 shares during the last quarter. Finally, Avior Wealth Management LLC lifted its position in shares of Vanguard Total Bond Market ETF by 2.6% during the third quarter. Avior Wealth Management LLC now owns 55,885 shares of the company’s stock worth $4,198,000 after purchasing an additional 1,393 shares in the last quarter.

Vanguard Total Bond Market ETF Price Performance

BND opened at $72.56 on Wednesday. The company’s 50 day simple moving average is $73.92 and its 200-day simple moving average is $73.25. Vanguard Total Bond Market ETF has a one year low of $70.37 and a one year high of $75.67.

Vanguard Total Bond Market ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, November 5th. Stockholders of record on Friday, November 1st were paid a $0.2276 dividend. This is a boost from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.22. This represents a $2.73 annualized dividend and a dividend yield of 3.76%. The ex-dividend date of this dividend was Friday, November 1st.

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.