Vanguard Total Bond Market ETF (NASDAQ:BND) Reaches New 52-Week Low – What’s Next?

Vanguard Total Bond Market ETF (NASDAQ:BND)’s share price hit a new 52-week low during trading on Tuesday . The stock traded as low as $71.92 and last traded at $71.92, with a volume of 53337 shares trading hands. The stock had previously closed at $72.24.

Vanguard Total Bond Market ETF Stock Down 0.4%

The firm’s 50 day simple moving average is $72.64 and its 200-day simple moving average is $73.32.

Vanguard Total Bond Market ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, August 5th. Shareholders of record on Monday, August 3rd were given a dividend of $0.2516 per share. This represents a c) annualized dividend and a yield of 4.2%. This is a positive change from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.24. The ex-dividend date of this dividend was Monday, August 3rd.

Institutional Investors Weigh In On Vanguard Total Bond Market ETF

Several large investors have recently modified their holdings of the company. USAdvisors Wealth Management LLC raised its position in Vanguard Total Bond Market ETF by 2.3% in the 4th quarter. USAdvisors Wealth Management LLC now owns 6,384 shares of the company’s stock valued at $472,000 after purchasing an additional 141 shares during the last quarter. BCO Wealth Management LLC grew its position in Vanguard Total Bond Market ETF by 0.3% during the 1st quarter. BCO Wealth Management LLC now owns 49,894 shares of the company’s stock worth $3,674,000 after purchasing an additional 143 shares during the last quarter. Kingsbury Capital Investment Advisors LLC increased its stake in Vanguard Total Bond Market ETF by 2.4% in the second quarter. Kingsbury Capital Investment Advisors LLC now owns 6,306 shares of the company’s stock valued at $463,000 after purchasing an additional 145 shares during the period. Nilsine Partners LLC increased its stake in Vanguard Total Bond Market ETF by 1.1% in the second quarter. Nilsine Partners LLC now owns 14,004 shares of the company’s stock valued at $1,028,000 after purchasing an additional 147 shares during the period. Finally, Novak & Powell Financial Services Inc. raised its holdings in shares of Vanguard Total Bond Market ETF by 1.0% in the fourth quarter. Novak & Powell Financial Services Inc. now owns 14,360 shares of the company’s stock valued at $1,064,000 after buying an additional 149 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.