Vanguard Total Bond Market ETF (NASDAQ:BND) Reaches New 12-Month Low – Time to Sell?

Vanguard Total Bond Market ETF (NASDAQ:BND)’s stock price hit a new 52-week low during trading on Wednesday. The stock traded as low as $71.01 and last traded at $70.9950, with a volume of 1088418 shares. The stock had previously closed at $71.41.

Vanguard Total Bond Market ETF Stock Down 0.5%

The company’s fifty day moving average is $72.04 and its two-hundred day moving average is $72.90.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Envestnet Portfolio Solutions Inc. increased its stake in shares of Vanguard Total Bond Market ETF by 2.0% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 1,345,741 shares of the company’s stock valued at $98,791,000 after acquiring an additional 26,077 shares during the last quarter. Envestnet Asset Management Inc. raised its holdings in shares of Vanguard Total Bond Market ETF by 5.4% during the second quarter. Envestnet Asset Management Inc. now owns 25,163,867 shares of the company’s stock worth $1,847,279,000 after acquiring an additional 1,284,033 shares during the period. Security National Bank of SO Dak lifted its holdings in shares of Vanguard Total Bond Market ETF by 71.0% in the second quarter. Security National Bank of SO Dak now owns 10,011 shares of the company’s stock valued at $735,000 after purchasing an additional 4,158 shares in the last quarter. Security National Bank of Sioux City Iowa IA boosted its position in Vanguard Total Bond Market ETF by 272.4% during the 2nd quarter. Security National Bank of Sioux City Iowa IA now owns 40,764 shares of the company’s stock worth $2,992,000 after acquiring an additional 29,817 shares during the last quarter. Finally, Anchor Investment Management LLC acquired a new position in Vanguard Total Bond Market ETF during the second quarter worth $64,000.

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.