Vanguard Total World Bond ETF (NASDAQ:BNDW) Hits New 12-Month Low – Here’s Why

Vanguard Total World Bond ETF (NASDAQ:BNDW) hit a new 52-week low on Monday . The stock traded as low as $67.28 and last traded at $67.30, with a volume of 32032 shares. The stock had previously closed at $67.40.

Vanguard Total World Bond ETF Trading Down 0.1%

The company’s fifty day moving average price is $67.82 and its 200-day moving average price is $68.26.

Vanguard Total World Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, August 5th. Shareholders of record on Monday, August 3rd were issued a $0.2006 dividend. This is an increase from Vanguard Total World Bond ETF’s previous monthly dividend of $0.19. This represents a c) dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date of this dividend was Monday, August 3rd.

Institutional Investors Weigh In On Vanguard Total World Bond ETF

Large investors have recently made changes to their positions in the stock. Gould Capital LLC purchased a new stake in Vanguard Total World Bond ETF during the 2nd quarter valued at about $25,000. Ameritas Advisory Services LLC acquired a new position in Vanguard Total World Bond ETF in the 2nd quarter worth approximately $29,000. Northwestern Mutual Wealth Management Co. raised its position in 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 worth $35,000 after buying an additional 486 shares during the last quarter. Continuum Advisory LLC purchased a new position in Vanguard Total World Bond ETF during the 2nd quarter worth approximately $54,000. Finally, C M Bidwell & Associates Ltd. purchased a new position in shares of Vanguard Total World Bond ETF during the second quarter worth $137,000.

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.