Silver Oak Securities Incorporated Buys 106,433 Shares of Vanguard Total Bond Market ETF (NASDAQ:BND)

Silver Oak Securities Incorporated grew its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 534.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 126,339 shares of the company’s stock after purchasing an additional 106,433 shares during the quarter. Vanguard Total Bond Market ETF makes up about 1.2% of Silver Oak Securities Incorporated’s holdings, making the stock its 12th largest position. Silver Oak Securities Incorporated’s holdings in Vanguard Total Bond Market ETF were worth $9,292,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently modified their holdings of the stock. Baystate Wealth Management LLC boosted its holdings in Vanguard Total Bond Market ETF by 0.7% during the 4th quarter. Baystate Wealth Management LLC now owns 461,665 shares of the company’s stock worth $33,956,000 after acquiring an additional 3,040 shares during the last quarter. Foster & Motley Inc. increased its position in shares of Vanguard Total Bond Market ETF by 1.7% during the third quarter. Foster & Motley Inc. now owns 64,759 shares of the company’s stock valued at $4,519,000 after acquiring an additional 1,060 shares during the last quarter. Vanguard Group Inc. lifted its holdings in Vanguard Total Bond Market ETF by 27.0% during the third quarter. Vanguard Group Inc. now owns 25,280,727 shares of the company’s stock worth $1,764,089,000 after acquiring an additional 5,367,298 shares during the period. IMA Wealth Inc. lifted its holdings in Vanguard Total Bond Market ETF by 4.2% during the third quarter. IMA Wealth Inc. now owns 158,763 shares of the company’s stock worth $11,078,000 after acquiring an additional 6,452 shares during the period. Finally, White Lighthouse Investment Management Inc. boosted its position in Vanguard Total Bond Market ETF by 21.2% in the fourth quarter. White Lighthouse Investment Management Inc. now owns 192,882 shares of the company’s stock worth $14,186,000 after purchasing an additional 33,732 shares during the last quarter.

Vanguard Total Bond Market ETF Trading Up 0.2 %

Shares of Vanguard Total Bond Market ETF stock traded up $0.16 during trading hours on Friday, hitting $70.73. 4,256,567 shares of the company’s stock traded hands, compared to its average volume of 7,959,856. Vanguard Total Bond Market ETF has a 12-month low of $67.99 and a 12-month high of $74.38. The company has a fifty day simple moving average of $71.87 and a 200-day simple moving average of $71.69.

Vanguard Total Bond Market ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, April 4th. Investors of record on Tuesday, April 2nd were issued a dividend of $0.2163 per share. The ex-dividend date of this dividend was Monday, April 1st. This is an increase from Vanguard Total Bond Market ETF’s previous dividend of $0.20.

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.