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

Vanguard Total Bond Market ETF (NASDAQ:BNDGet Free Report) shares hit a new 52-week low 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 Stock Down 0.8%

The stock’s 50 day moving average price is $72.13 and its 200-day moving average price is $72.95.

Institutional Trading of Vanguard Total Bond Market ETF

Institutional investors have recently added to or reduced their stakes in the business. BCO Wealth Management LLC lifted its position in shares of Vanguard Total Bond Market ETF by 0.3% during the 1st quarter. BCO Wealth Management LLC now owns 49,894 shares of the company’s stock worth $3,674,000 after buying an additional 143 shares in the last quarter. Kingsbury Capital Investment Advisors LLC lifted its holdings in Vanguard Total Bond Market ETF by 2.4% during the second quarter. Kingsbury Capital Investment Advisors LLC now owns 6,306 shares of the company’s stock valued at $463,000 after purchasing an additional 145 shares during the last quarter. Nilsine Partners LLC boosted its holdings in Vanguard Total Bond Market ETF by 1.1% in the 2nd quarter. Nilsine Partners LLC now owns 14,004 shares of the company’s stock worth $1,028,000 after buying an additional 147 shares during the period. Novak & Powell Financial Services Inc. grew its position in shares of Vanguard Total Bond Market ETF by 1.0% in the fourth quarter. Novak & Powell Financial Services Inc. now owns 14,360 shares of the company’s stock valued at $1,064,000 after purchasing an additional 149 shares in the last quarter. Finally, Value Investment Professionals LLC increased its position in shares of Vanguard Total Bond Market ETF by 1.9% during the second quarter. Value Investment Professionals LLC now owns 7,827 shares of the company’s stock valued at $575,000 after buying an additional 149 shares during the period.

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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