Vanguard Total Bond Market ETF (NASDAQ:BND) Sets New 12-Month Low – What’s Next?

Vanguard Total Bond Market ETF (NASDAQ:BND) hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $72.07 and last traded at $72.14, with a volume of 1002425 shares trading hands. The stock had previously closed at $72.16.

Vanguard Total Bond Market ETF Trading Up 0.5%

The company has a 50 day moving average of $72.78 and a 200 day moving average of $73.41.

Vanguard Total Bond Market ETF Increases Dividend

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

Hedge Funds Weigh In On Vanguard Total Bond Market ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Hilton Head Capital Partners LLC acquired a new stake in Vanguard Total Bond Market ETF in the fourth quarter valued at approximately $26,000. Wilkerson Advisory Group LLC acquired a new stake in shares of Vanguard Total Bond Market ETF in the 4th quarter valued at $26,000. Whittier Trust Co. of Nevada Inc. raised 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 valued at $28,000 after purchasing an additional 238 shares in the last quarter. Kelleher Financial Advisors purchased a new stake in shares of Vanguard Total Bond Market ETF during the 3rd quarter worth $32,000. Finally, FAS Wealth Partners Inc. lifted its position in shares of Vanguard Total Bond Market ETF by 1,064.1% during the 4th quarter. FAS Wealth Partners Inc. now owns 454 shares of the company’s stock worth $34,000 after purchasing an additional 415 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.