Vanguard Total Bond Market ETF (NASDAQ:BND) Reaches New 52-Week High – Here’s Why

Shares of Vanguard Total Bond Market ETF (NASDAQ:BND) reached a new 52-week high on Wednesday . The company traded as high as $75.15 and last traded at $75.07, with a volume of 6176854 shares. The stock had previously closed at $74.98.

Vanguard Total Bond Market ETF Stock Performance

The business has a 50 day moving average of $74.21 and a two-hundred day moving average of $73.30.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. Armor Investment Advisors LLC raised its stake in Vanguard Total Bond Market ETF by 5,981.4% during the 3rd quarter. Armor Investment Advisors LLC now owns 182,078 shares of the company’s stock worth $13,541,000 after buying an additional 179,084 shares during the period. Saxony Capital Management LLC raised its stake in shares of Vanguard Total Bond Market ETF by 0.9% in the third quarter. Saxony Capital Management LLC now owns 93,516 shares of the company’s stock worth $6,955,000 after purchasing an additional 858 shares during the last quarter. Proffitt & Goodson Inc. raised its stake in shares of Vanguard Total Bond Market ETF by 4.9% in the third quarter. Proffitt & Goodson Inc. now owns 78,108 shares of the company’s stock worth $5,809,000 after purchasing an additional 3,655 shares during the last quarter. Simon Quick Advisors LLC raised its stake in shares of Vanguard Total Bond Market ETF by 29.3% in the third quarter. Simon Quick Advisors LLC now owns 72,940 shares of the company’s stock worth $5,425,000 after purchasing an additional 16,518 shares during the last quarter. Finally, Intelligent Financial Strategies raised its stake in shares of Vanguard Total Bond Market ETF by 4,534.5% in the third quarter. Intelligent Financial Strategies now owns 127,450 shares of the company’s stock worth $9,478,000 after purchasing an additional 124,700 shares during 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.