Vanguard Total Bond Market ETF (NASDAQ:BND) Sets New 52-Week Low – Should You Sell?

Vanguard Total Bond Market ETF (NASDAQ:BND) hit a new 52-week low during mid-day trading on Friday . The company traded as low as $72.17 and last traded at $72.20, with a volume of 739985 shares traded. The stock had previously closed at $72.42.

Vanguard Total Bond Market ETF Stock Down 0.3%

The company’s 50 day simple moving average is $73.00 and its 200 day simple moving average is $73.60.

Vanguard Total Bond Market ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, July 6th. Stockholders of record on Wednesday, July 1st were given a $0.2445 dividend. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%.

Hedge Funds Weigh In On Vanguard Total Bond Market ETF

Several large investors have recently added to or reduced their stakes in BND. Abound Wealth Management lifted its holdings in shares of Vanguard Total Bond Market ETF by 2.0% during the 2nd quarter. Abound Wealth Management now owns 18,406 shares of the company’s stock worth $1,351,000 after acquiring an additional 369 shares during the period. JFS Wealth Advisors LLC grew its holdings in Vanguard Total Bond Market ETF by 1.1% in the second quarter. JFS Wealth Advisors LLC now owns 268,922 shares of the company’s stock valued at $19,742,000 after purchasing an additional 2,937 shares during the period. Sunesis Advisors LLC grew its holdings in Vanguard Total Bond Market ETF by 1.5% in the second quarter. Sunesis Advisors LLC now owns 52,221 shares of the company’s stock valued at $3,834,000 after purchasing an additional 750 shares during the period. William Mack & Associates Inc. increased its position in Vanguard Total Bond Market ETF by 93.2% during the second quarter. William Mack & Associates Inc. now owns 18,540 shares of the company’s stock worth $1,361,000 after purchasing an additional 8,945 shares during the last quarter. Finally, Farrell Financial LLC increased its position in Vanguard Total Bond Market ETF by 8.4% during the second quarter. Farrell Financial LLC now owns 96,242 shares of the company’s stock worth $7,065,000 after purchasing an additional 7,442 shares during the last quarter.

Vanguard Total Bond Market ETF Company Profile

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.