Vanguard Total Bond Market ETF (NASDAQ:BND) Reaches New 12-Month Low – What’s Next?

Vanguard Total Bond Market ETF (NASDAQ:BND)’s share price reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $71.68 and last traded at $71.7050, with a volume of 4815959 shares. The stock had previously closed at $71.89.

Vanguard Total Bond Market ETF Stock Performance

The company’s 50-day simple moving average is $72.44 and its 200 day simple moving average is $73.20.

Institutional Investors Weigh In On Vanguard Total Bond Market ETF

Several institutional investors have recently made changes to their positions in the company. Morgan Stanley raised its position in Vanguard Total Bond Market ETF by 15.0% in the 4th quarter. Morgan Stanley now owns 124,929,480 shares of the company’s stock worth $9,253,527,000 after purchasing an additional 16,287,510 shares during the period. Creative Planning boosted its holdings in Vanguard Total Bond Market ETF by 8.7% during the 3rd quarter. Creative Planning now owns 124,942,968 shares of the company’s stock valued at $9,292,008,000 after acquiring an additional 10,046,828 shares during the period. JPMorgan Chase & Co. increased its stake in Vanguard Total Bond Market ETF by 6.3% in 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 period. Valpey Financial Services LLC lifted its position in shares of 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 last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its holdings in shares of Vanguard Total Bond Market ETF by 3.4% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 130,902,798 shares of the company’s stock worth $9,695,970,000 after purchasing an additional 4,285,563 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.