Silver Oak Advisory Group Inc. Increases Position in Vanguard Total Bond Market ETF $BND

Silver Oak Advisory Group Inc. boosted its stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 6.2% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 630,752 shares of the company’s stock after purchasing an additional 36,998 shares during the quarter. Vanguard Total Bond Market ETF makes up approximately 20.0% of Silver Oak Advisory Group Inc.’s holdings, making the stock its largest position. Silver Oak Advisory Group Inc.’s holdings in Vanguard Total Bond Market ETF were worth $46,448,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Hilton Head Capital Partners LLC bought a new stake in Vanguard Total Bond Market ETF in the fourth quarter valued at $26,000. Wilkerson Advisory Group LLC bought a new position in shares of Vanguard Total Bond Market ETF during the fourth quarter worth about $26,000. CKW Financial Group bought a new position in shares of Vanguard Total Bond Market ETF during the fourth quarter worth about $28,000. Whittier Trust Co. of Nevada Inc. increased its holdings in shares of Vanguard Total Bond Market ETF by 159.7% in the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 387 shares of the company’s stock worth $28,000 after acquiring an additional 238 shares during the period. Finally, Kelleher Financial Advisors acquired a new stake in shares of Vanguard Total Bond Market ETF in the 3rd quarter worth about $32,000.

Vanguard Total Bond Market ETF Trading Down 0.1%

NASDAQ:BND traded down $0.06 during mid-day trading on Friday, hitting $72.77. The stock had a trading volume of 7,170,406 shares, compared to its average volume of 8,976,262. The company has a 50 day simple moving average of $73.16 and a 200-day simple moving average of $73.76. Vanguard Total Bond Market ETF has a 52 week low of $72.34 and a 52 week high of $75.23.

Vanguard Total Bond Market ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Monday, July 6th. Shareholders of record on Wednesday, July 1st were paid a $0.2445 dividend. The ex-dividend date was Wednesday, July 1st. This represents a c) annualized dividend and a dividend yield of 4.0%.

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.