Vanguard Total World Bond ETF (NASDAQ:BNDW) Sees Significant Decrease in Short Interest

Vanguard Total World Bond ETF (NASDAQ:BNDW) was the recipient of a large drop in short interest during the month of June. As of June 15th, there was short interest totaling 22,706 shares, a drop of 43.8% from the May 31st total of 40,409 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 111,211 shares, the short-interest ratio is currently 0.2 days.

Hedge Funds Weigh In On Vanguard Total World Bond ETF

A number of institutional investors have recently bought and sold shares of the stock. Royal Bank of Canada grew its holdings in Vanguard Total World Bond ETF by 2.5% during the first quarter. Royal Bank of Canada now owns 78,876 shares of the company’s stock valued at $5,427,000 after purchasing an additional 1,935 shares during the period. Jane Street Group LLC bought a new position in shares of Vanguard Total World Bond ETF in the first quarter worth about $2,211,000. Northwestern Mutual Wealth Management Co. lifted its position in shares of Vanguard Total World Bond ETF by 3,240.0% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 501 shares of the company’s stock valued at $35,000 after buying an additional 486 shares in the last quarter. Gould Capital LLC purchased a new position in shares of Vanguard Total World Bond ETF during the 2nd quarter valued at about $25,000. Finally, Bank of America Corp DE grew its stake in shares of Vanguard Total World Bond ETF by 47.5% during the 2nd quarter. Bank of America Corp DE now owns 265,422 shares of the company’s stock valued at $18,402,000 after acquiring an additional 85,436 shares during the period.

Vanguard Total World Bond ETF Stock Performance

Shares of NASDAQ BNDW opened at $68.20 on Friday. The firm has a 50 day moving average of $68.22 and a 200 day moving average of $68.63. Vanguard Total World Bond ETF has a 12-month low of $67.40 and a 12-month high of $70.36.

Vanguard Total World Bond ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Monday, July 6th. Stockholders of record on Wednesday, July 1st will be given a dividend of $0.1935 per share. The ex-dividend date of this dividend is Wednesday, July 1st. This represents a c) dividend on an annualized basis and a dividend yield of 3.4%.

About Vanguard Total World Bond ETF

The Vanguard Total World Bond ETF (BNDW) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of global investment-grade bonds. BNDW was launched on Sep 4, 2018 and is managed by Vanguard.