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

Vanguard Total Bond Market ETF (NASDAQ:BND) shares reached a new 52-week low during trading on Tuesday. The company traded as low as $70.13 and last traded at $70.28, with a volume of 11045536 shares changing hands. The stock had previously closed at $70.63.

Vanguard Total Bond Market ETF Price Performance

The firm has a fifty day simple moving average of $71.86 and a two-hundred day simple moving average of $72.79.

Institutional Trading of Vanguard Total Bond Market ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Atomic Invest LLC increased its position in Vanguard Total Bond Market ETF by 745.8% during the 2nd quarter. Atomic Invest LLC now owns 1,414,467 shares of the company’s stock valued at $104,267,000 after purchasing an additional 1,247,235 shares during the period. Envestnet Portfolio Solutions Inc. lifted its position 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 worth $98,791,000 after purchasing an additional 26,077 shares during the period. Envestnet Asset Management Inc. lifted its position in shares of Vanguard Total Bond Market ETF by 5.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 25,163,867 shares of the company’s stock worth $1,847,279,000 after purchasing an additional 1,284,033 shares during the period. Security National Bank of SO Dak boosted its stake in shares of Vanguard Total Bond Market ETF by 71.0% during the 2nd 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. Finally, Security National Bank of Sioux City Iowa IA boosted its stake in shares of 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 valued at $2,992,000 after purchasing an additional 29,817 shares in the last quarter.

Vanguard Total Bond Market ETF Company Profile

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.