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

Shares of Vanguard Total World Bond ETF (NASDAQ:BNDW) reached a new 52-week low during mid-day trading on Monday . The company traded as low as $67.38 and last traded at $67.39, with a volume of 92536 shares changing hands. The stock had previously closed at $67.51.

Vanguard Total World Bond ETF Stock Performance

The firm has a 50 day moving average price of $67.96 and a 200-day moving average price of $68.36.

Vanguard Total World Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, August 5th. Investors of record on Monday, August 3rd were paid a dividend of $0.2006 per share. The ex-dividend date of this dividend was Monday, August 3rd. This is a positive change from Vanguard Total World Bond ETF’s previous monthly dividend of $0.19. This represents a c) annualized dividend and a dividend yield of 3.6%.

Institutional Trading of Vanguard Total World Bond ETF

A number of hedge funds have recently added to or reduced their stakes in the business. C M Bidwell & Associates Ltd. acquired a new position in Vanguard Total World Bond ETF in the second quarter valued at $137,000. Trust Co. of Vermont purchased a new position in shares of Vanguard Total World Bond ETF in the 2nd quarter worth about $2,358,000. Clark Asset Management LLC purchased a new position in shares of Vanguard Total World Bond ETF in the 2nd quarter worth about $567,000. E Wealth Partners LLC raised its holdings in shares of Vanguard Total World Bond ETF by 4.6% in the 1st quarter. E Wealth Partners LLC now owns 101,459 shares of the company’s stock worth $6,935,000 after purchasing an additional 4,446 shares during the period. Finally, Bank of America Corp DE lifted its stake in shares of Vanguard Total World Bond ETF by 3.8% in the 1st quarter. Bank of America Corp DE now owns 323,829 shares of the company’s stock valued at $22,134,000 after purchasing an additional 11,779 shares in the last quarter.

About Vanguard Total World Bond ETF

The Vanguard Total World Bond ETF (BNDW) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of global investment-grade bonds. BNDW was launched on Sep 4, 2018 and is managed by Vanguard.