Vanguard Total Bond Market ETF (NASDAQ:BND) Stock Price Crosses Above 50 Day Moving Average – Here’s Why

Shares of Vanguard Total Bond Market ETF (NASDAQ:BND – Get Free Report) passed above its 50-day moving average during trading on Monday. The stock has a 50-day moving average of $71.22 and traded as high as $71.39. Vanguard Total Bond Market ETF shares last traded at $71.27, with a volume of 8,313,346 shares.

Vanguard Total Bond Market ETF Price Performance

The company has a 50-day moving average price of $71.22 and a 200 day moving average price of $72.95.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of BND. Farmers & Merchants Investments Inc. grew its position in Vanguard Total Bond Market ETF by 1.6% in the third quarter. Farmers & Merchants Investments Inc. now owns 826,668 shares of the company’s stock worth $57,991,000 after acquiring an additional 13,323 shares in the last quarter. DMC Group LLC bought a new stake in Vanguard Total Bond Market ETF during the second quarter worth approximately $539,000. McNaughton Wealth Management LLC raised its position in Vanguard Total Bond Market ETF by 7.7% during the third quarter. McNaughton Wealth Management LLC now owns 363,202 shares of the company’s stock valued at $25,479,000 after purchasing an additional 25,966 shares during the period. Capital Asset Advisory Services LLC raised its position in Vanguard Total Bond Market ETF by 81.8% during the first quarter. Capital Asset Advisory Services LLC now owns 533,714 shares of the company’s stock valued at $39,500,000 after purchasing an additional 240,150 shares during the period. Finally, Waverly Advisors LLC lifted its stake in shares of Vanguard Total Bond Market ETF by 11.0% in the 2nd quarter. Waverly Advisors LLC now owns 380,234 shares of the company’s stock valued at $27,913,000 after purchasing an additional 37,835 shares during the last quarter.

About Vanguard Total Bond Market ETF

(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.

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