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

Silver Oak Advisory Group Inc. grew its holdings 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 SEC. The firm owned 630,752 shares of the company’s stock after acquiring an additional 36,998 shares during the quarter. Vanguard Total Bond Market ETF comprises 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 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Associated Banc Corp increased its holdings in shares of Vanguard Total Bond Market ETF by 13.8% during the first quarter. Associated Banc Corp now owns 210,383 shares of the company’s stock valued at $15,493,000 after purchasing an additional 25,539 shares during the period. Strategic Wealth Advisors LLC raised its stake in shares of Vanguard Total Bond Market ETF by 91.7% during the first quarter. Strategic Wealth Advisors LLC now owns 9,159 shares of the company’s stock valued at $674,000 after purchasing an additional 4,381 shares in the last quarter. Diversify Wealth Management LLC lifted its holdings in Vanguard Total Bond Market ETF by 50.6% in the first quarter. Diversify Wealth Management LLC now owns 185,942 shares of the company’s stock worth $13,646,000 after purchasing an additional 62,472 shares during the period. Luminvest Wealth Management LLC lifted its holdings in Vanguard Total Bond Market ETF by 10.1% in the first quarter. Luminvest Wealth Management LLC now owns 347,721 shares of the company’s stock worth $25,617,000 after purchasing an additional 31,850 shares during the period. Finally, Fifth Third Bancorp grew its position in Vanguard Total Bond Market ETF by 769.7% in the 1st quarter. Fifth Third Bancorp now owns 1,123,323 shares of the company’s stock valued at $82,722,000 after buying an additional 994,161 shares in the last quarter.

Vanguard Total Bond Market ETF Stock Performance

BND traded down $0.06 on Friday, reaching $72.77. The company had a trading volume of 7,170,406 shares, compared to its average volume of 8,976,262. The company has a fifty day moving average of $73.16 and a 200-day moving average of $73.76. Vanguard Total Bond Market ETF has a one year low of $72.34 and a one year high of $75.23.

Vanguard Total Bond Market ETF Cuts Dividend

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

Vanguard Total Bond Market ETF Company 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.