Vanguard Total World Bond ETF (NASDAQ:BNDW) Sets New 12-Month Low – Here’s What Happened

Vanguard Total World Bond ETF (NASDAQ:BNDW) hit a new 52-week low during trading on Thursday . The company traded as low as $67.40 and last traded at $67.43, with a volume of 13256 shares trading hands. The stock had previously closed at $67.60.

Vanguard Total World Bond ETF Price Performance

The business has a 50 day simple moving average of $68.10 and a 200 day simple moving average of $68.51.

Vanguard Total World Bond ETF Announces Dividend

The company also recently declared a monthly dividend, which was paid on Monday, July 6th. Stockholders of record on Wednesday, July 1st were issued a dividend of $0.1935 per share. This represents a c) annualized dividend and a dividend yield of 3.4%. The ex-dividend date was Wednesday, July 1st.

Hedge Funds Weigh In On Vanguard Total World Bond ETF

A number of hedge funds have recently added to or reduced their stakes in BNDW. Gould Capital LLC bought a new position in Vanguard Total World Bond ETF during the second quarter valued at approximately $25,000. Northwestern Mutual Wealth Management Co. lifted its stake in Vanguard Total World Bond ETF by 3,240.0% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 501 shares of the company’s stock valued at $35,000 after acquiring an additional 486 shares during the last quarter. Brown Lisle Cummings Inc. grew its position in Vanguard Total World Bond ETF by 142.9% in the fourth quarter. Brown Lisle Cummings Inc. now owns 850 shares of the company’s stock worth $58,000 after acquiring an additional 500 shares in the last quarter. 17 Capital Partners LLC bought a new stake in Vanguard Total World Bond ETF in the third quarter worth approximately $221,000. Finally, Endowment Wealth Management Inc. bought a new stake in Vanguard Total World Bond ETF in the fourth quarter worth approximately $224,000.

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.