Vanguard Total Bond Market ETF (NASDAQ:BND) Sets New 1-Year Low – What’s Next?

Vanguard Total Bond Market ETF (NASDAQ:BND)’s share price hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $71.68 and last traded at $71.7050, with a volume of 4815959 shares changing hands. The stock had previously closed at $71.89.

Vanguard Total Bond Market ETF Trading Down 0.2%

The company has a fifty day moving average price of $72.44 and a 200 day moving average price of $73.20.

Institutional Trading of Vanguard Total Bond Market ETF

Several institutional investors and hedge funds have recently made changes to their positions in the stock. TOP Private Wealth LLC. purchased a new stake in Vanguard Total Bond Market ETF during the second quarter valued at about $25,000. Hilton Head Capital Partners LLC bought a new stake in shares of Vanguard Total Bond Market ETF during the 4th quarter valued at $26,000. Wilkerson Advisory Group LLC bought a new position in Vanguard Total Bond Market ETF in the 4th quarter worth $26,000. Whittier Trust Co. of Nevada Inc. lifted its position in Vanguard Total Bond Market ETF by 159.7% during the first 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. Finally, Kelleher Financial Advisors purchased a new stake in Vanguard Total Bond Market ETF in the third quarter worth about $32,000.

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.