Vanguard Total Bond Market ETF (NASDAQ:BND) Shares Break Below Fifty Day Moving Average – Here’s What Happened

Shares of Vanguard Total Bond Market ETF (NASDAQ:BND) passed below its fifty day moving average during trading on Thursday. The stock has a fifty day moving average of $70.95 and traded as low as $70.65. Vanguard Total Bond Market ETF shares last traded at $70.65, with a volume of 14,559,233 shares.

Vanguard Total Bond Market ETF Trading Down 0.6%

The company’s fifty day moving average price is $70.95 and its two-hundred day moving average price is $72.75.

Hedge Funds Weigh In On Vanguard Total Bond Market ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. Migdal Insurance & Financial Holdings Ltd. grew its stake in shares of Vanguard Total Bond Market ETF by 31.8% during the 3rd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 597 shares of the company’s stock valued at $42,000 after buying an additional 144 shares during the period. Kingsbury Capital Investment Advisors LLC increased its holdings in shares of Vanguard Total Bond Market ETF by 2.4% during the 2nd quarter. Kingsbury Capital Investment Advisors LLC now owns 6,306 shares of the company’s stock worth $463,000 after buying an additional 145 shares during the last quarter. Nilsine Partners LLC raised its position in shares of Vanguard Total Bond Market ETF by 1.1% in the 2nd quarter. Nilsine Partners LLC now owns 14,004 shares of the company’s stock worth $1,028,000 after buying an additional 147 shares during the period. Value Investment Professionals LLC raised its position in shares of Vanguard Total Bond Market ETF by 1.9% in the 2nd quarter. Value Investment Professionals LLC now owns 7,827 shares of the company’s stock worth $575,000 after buying an additional 149 shares during the period. Finally, Tiller Private Wealth Inc. raised its position in shares of Vanguard Total Bond Market ETF by 5.6% in the 3rd quarter. Tiller Private Wealth Inc. now owns 2,918 shares of the company’s stock worth $205,000 after buying an additional 156 shares during the period.

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.