Vanguard Total Bond Market ETF (NASDAQ:BND) Reaches New 52-Week High – Here’s Why

Vanguard Total Bond Market ETF (NASDAQ:BND)’s share price hit a new 52-week high during trading on Wednesday . The stock traded as high as $75.15 and last traded at $75.07, with a volume of 6176854 shares. The stock had previously closed at $74.98.

Vanguard Total Bond Market ETF Stock Up 0.1%

The firm has a 50 day moving average price of $74.21 and a 200 day moving average price of $73.30.

Institutional Trading of Vanguard Total Bond Market ETF

A number of institutional investors and hedge funds have recently modified their holdings of the business. Whitcomb & Hess Inc. grew its holdings in shares of Vanguard Total Bond Market ETF by 3.3% during the third quarter. Whitcomb & Hess Inc. now owns 4,317 shares of the company’s stock worth $321,000 after purchasing an additional 138 shares during the last quarter. Acorn Financial Advisory Services Inc. ADV grew its holdings in shares of Vanguard Total Bond Market ETF by 3.4% during the second quarter. Acorn Financial Advisory Services Inc. ADV now owns 4,317 shares of the company’s stock worth $318,000 after purchasing an additional 140 shares during the last quarter. Jackson Grant Investment Advisers Inc. grew its holdings in shares of Vanguard Total Bond Market ETF by 2.8% during the second quarter. Jackson Grant Investment Advisers Inc. now owns 5,342 shares of the company’s stock worth $393,000 after purchasing an additional 144 shares during the last quarter. Catalyst Financial Partners LLC grew its holdings in shares of Vanguard Total Bond Market ETF by 1.1% during the first quarter. Catalyst Financial Partners LLC now owns 13,735 shares of the company’s stock worth $1,009,000 after purchasing an additional 150 shares during the last quarter. Finally, Bull Street Advisors LLC grew its holdings in shares of Vanguard Total Bond Market ETF by 1.9% during the second quarter. Bull Street Advisors LLC now owns 8,251 shares of the company’s stock worth $607,000 after purchasing an additional 151 shares during the last quarter.

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.