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

Vanguard Total World Bond ETF (NASDAQ:BNDW)’s stock price reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $66.87 and last traded at $66.8770, with a volume of 57036 shares trading hands. The stock had previously closed at $67.07.

Vanguard Total World Bond ETF Price Performance

The stock has a 50-day moving average price of $67.56 and a 200-day moving average price of $68.11.

Institutional Investors Weigh In On Vanguard Total World Bond ETF

Several hedge funds have recently added to or reduced their stakes in BNDW. Amicus Financial Advisors LLC acquired a new stake in Vanguard Total World Bond ETF during the fourth quarter worth approximately $29,997,000. Jane Street Group LLC bought a new position in shares of Vanguard Total World Bond ETF during the fourth quarter worth approximately $23,377,000. Northwestern Mutual Wealth Management Co. increased its stake in shares of Vanguard Total World Bond ETF by 21,211.8% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 257,446 shares of the company’s stock worth $17,697,000 after purchasing an additional 256,238 shares during the period. Bank of America Corp DE lifted its holdings in 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 worth $18,402,000 after purchasing an additional 85,436 shares during the last quarter. Finally, BlueCrest Capital Management Ltd bought a new stake in Vanguard Total World Bond ETF in the 2nd quarter valued at $4,455,000.

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.