Vanguard Total Bond Market ETF (NASDAQ:BND) Reaches New 1-Year Low – Here’s Why

Vanguard Total Bond Market ETF (NASDAQ:BNDGet Free Report)’s stock price reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as $72.25 and last traded at $72.25, with a volume of 34191 shares. The stock had previously closed at $72.40.

Vanguard Total Bond Market ETF Price Performance

The business has a fifty day moving average price of $73.05 and a 200 day moving average price of $73.68.

Vanguard Total Bond Market ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, July 6th. Shareholders of record on Wednesday, July 1st were issued a dividend of $0.2445 per share. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a c) dividend on an annualized basis and a yield of 4.1%.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. DiPaolo Financial Group Inc. acquired a new position in Vanguard Total Bond Market ETF in the 4th quarter valued at $1,506,000. Flower City Capital purchased a new position in Vanguard Total Bond Market ETF during the 4th quarter worth $690,000. Five Pine Wealth Management lifted its stake in shares of Vanguard Total Bond Market ETF by 5.0% in the 4th quarter. Five Pine Wealth Management now owns 310,491 shares of the company’s stock worth $22,998,000 after acquiring an additional 14,798 shares during the period. Vestment Financial LLC acquired a new stake in shares of Vanguard Total Bond Market ETF in the 4th quarter worth $1,168,000. Finally, Vanguard Group Inc. boosted its holdings in shares of Vanguard Total Bond Market ETF by 9.7% in the fourth quarter. Vanguard Group Inc. now owns 78,903,250 shares of the company’s stock valued at $5,844,363,000 after acquiring an additional 6,989,480 shares in the last quarter.

Vanguard Total Bond Market ETF Company Profile

(Get Free Report)

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.

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