Vanguard Total Bond Market ETF (NASDAQ:BND) Reaches New 1-Year Low – Here’s Why

Vanguard Total Bond Market ETF (NASDAQ:BND)’s stock price hit a new 52-week low during trading on Thursday . The company traded as low as $72.25 and last traded at $72.25, with a volume of 34191 shares changing hands. The stock had previously closed at $72.40.

Vanguard Total Bond Market ETF Price Performance

The stock has a fifty day simple moving average of $73.05 and a two-hundred day simple moving average of $73.68.

Vanguard Total Bond Market ETF Cuts Dividend

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

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. Brighton Jones LLC boosted its holdings in Vanguard Total Bond Market ETF by 99.6% during the fourth quarter. Brighton Jones LLC now owns 37,423 shares of the company’s stock worth $2,691,000 after buying an additional 18,677 shares in the last quarter. Revolve Wealth Partners LLC lifted its position in shares of Vanguard Total Bond Market ETF by 19.1% during the 4th quarter. Revolve Wealth Partners LLC now owns 3,298 shares of the company’s stock valued at $237,000 after acquiring an additional 530 shares during the period. Amundi lifted its position in shares of Vanguard Total Bond Market ETF by 54.6% during the 2nd quarter. Amundi now owns 53,192 shares of the company’s stock valued at $3,897,000 after acquiring an additional 18,792 shares during the period. State Street Corp boosted its stake in shares of Vanguard Total Bond Market ETF by 10.8% during the 2nd quarter. State Street Corp now owns 7,757,324 shares of the company’s stock worth $571,172,000 after acquiring an additional 759,261 shares in the last quarter. Finally, Main Street Financial Solutions LLC boosted its stake in shares of Vanguard Total Bond Market ETF by 122.0% during the 2nd quarter. Main Street Financial Solutions LLC now owns 31,988 shares of the company’s stock worth $2,355,000 after acquiring an additional 17,576 shares in 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.