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

Vanguard Total Bond Market ETF (NASDAQ:BNDGet Free Report)’s stock price hit a new 52-week low during trading on Wednesday . The company traded as low as $71.01 and last traded at $70.9950, with a volume of 1088418 shares. The stock had previously closed at $71.41.

Vanguard Total Bond Market ETF Price Performance

The stock has a 50-day moving average of $72.13 and a two-hundred day moving average of $72.95.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in BND. JPMorgan Chase & Co. raised its position in Vanguard Total Bond Market ETF by 6.3% during the 4th quarter. JPMorgan Chase & Co. now owns 139,629,587 shares of the company’s stock valued at $10,342,364,000 after purchasing an additional 8,283,073 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in Vanguard Total Bond Market ETF by 3.4% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 130,902,798 shares of the company’s stock valued at $9,695,970,000 after acquiring an additional 4,285,563 shares during the period. Bank of America Corp DE boosted its position in shares of Vanguard Total Bond Market ETF by 7.2% in the 1st quarter. Bank of America Corp DE now owns 25,672,831 shares of the company’s stock worth $1,890,547,000 after purchasing an additional 1,720,405 shares in the last quarter. Sei Investments Co. grew its stake in shares of Vanguard Total Bond Market ETF by 4.3% in the first quarter. Sei Investments Co. now owns 18,628,006 shares of the company’s stock worth $1,371,765,000 after acquiring an additional 772,895 shares during the last quarter. Finally, LPL Financial LLC increased its stake in Vanguard Total Bond Market ETF by 5.5% during the 4th quarter. LPL Financial LLC now owns 18,586,676 shares of the company’s stock valued at $1,376,715,000 after purchasing an additional 971,603 shares in the last quarter.

Vanguard Total Bond Market ETF Company Profile

(Get Free Report)

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.

Featured Articles

Receive News & Ratings for Vanguard Total Bond Market ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vanguard Total Bond Market ETF and related companies with MarketBeat.com's FREE daily email newsletter.