Vanguard Total Bond Market ETF (NASDAQ:BND) Hits New 1-Year Low – Here’s What Happened

Shares of Vanguard Total Bond Market ETF (NASDAQ:BND) reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $72.07 and last traded at $72.14, with a volume of 1002425 shares. The stock had previously closed at $72.16.

Vanguard Total Bond Market ETF Price Performance

The stock has a 50-day moving average price of $72.80 and a 200 day moving average price of $73.44.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, August 5th. Shareholders of record on Monday, August 3rd were issued a $0.2516 dividend. This is a positive change from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.24. The ex-dividend date was Monday, August 3rd. This represents a c) annualized dividend and a yield of 4.2%.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of BND. Morgan Stanley boosted its position in shares of Vanguard Total Bond Market ETF by 15.0% in the fourth quarter. Morgan Stanley now owns 124,929,480 shares of the company’s stock worth $9,253,527,000 after acquiring an additional 16,287,510 shares during the last quarter. Creative Planning increased its position in Vanguard Total Bond Market ETF by 8.7% during the third quarter. Creative Planning now owns 124,942,968 shares of the company’s stock worth $9,292,008,000 after purchasing an additional 10,046,828 shares during the last quarter. JPMorgan Chase & Co. increased its position in Vanguard Total Bond Market ETF by 6.3% during the fourth quarter. JPMorgan Chase & Co. now owns 139,629,587 shares of the company’s stock worth $10,342,364,000 after purchasing an additional 8,283,073 shares during the last quarter. Vanguard Group Inc. raised its stake in Vanguard Total Bond Market ETF by 9.7% during the fourth quarter. Vanguard Group Inc. now owns 78,903,250 shares of the company’s stock worth $5,844,363,000 after purchasing an additional 6,989,480 shares during the period. Finally, Valpey Financial Services LLC raised its stake in Vanguard Total Bond Market ETF by 7,708.3% during the fourth quarter. Valpey Financial Services LLC now owns 5,236,930 shares of the company’s stock worth $387,899,000 after purchasing an additional 5,169,861 shares during the period.

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.