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

Vanguard Total Bond Market ETF (NASDAQ:BNDGet Free Report) reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $71.92 and last traded at $71.92, with a volume of 53337 shares. The stock had previously closed at $72.24.

Vanguard Total Bond Market ETF Price Performance

The stock’s 50-day moving average is $72.64 and its 200 day moving average is $73.32.

Vanguard Total Bond Market ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, August 5th. Investors of record on Monday, August 3rd were paid a dividend of $0.2516 per share. The ex-dividend date of this dividend was Monday, August 3rd. This is an increase from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.24. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%.

Hedge Funds Weigh In On Vanguard Total Bond Market ETF

Several institutional investors and hedge funds have recently modified their holdings of BND. TOP Private Wealth LLC. acquired a new position in Vanguard Total Bond Market ETF in the 2nd quarter valued at $25,000. Hilton Head Capital Partners LLC purchased a new position in Vanguard Total Bond Market ETF during the fourth quarter worth about $26,000. Wilkerson Advisory Group LLC acquired a new stake in Vanguard Total Bond Market ETF in the 4th quarter worth about $26,000. Whittier Trust Co. of Nevada Inc. grew its holdings in 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 valued at $28,000 after buying an additional 238 shares during the period. Finally, Kelleher Financial Advisors acquired a new position in shares of Vanguard Total Bond Market ETF during the 3rd quarter valued at about $32,000.

About Vanguard Total Bond Market ETF

(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.

See Also

Receive News & Ratings for Vanguard Total Bond Market ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vanguard Total Bond Market ETF and related companies with MarketBeat.com's FREE daily email newsletter.