Vanguard Total Bond Market ETF (NASDAQ:BND) Sees Large Volume Increase – Here’s What Happened

Shares of Vanguard Total Bond Market ETF (NASDAQ:BND) saw unusually-high trading volume on Thursday . Approximately 11,552,333 shares traded hands during mid-day trading, an increase of 72% from the previous session’s volume of 6,729,578 shares.The stock last traded at $73.33 and had previously closed at $73.44.

Vanguard Total Bond Market ETF Stock Down 0.1 %

The stock has a 50 day simple moving average of $72.13 and a 200 day simple moving average of $73.27.

Vanguard Total Bond Market ETF Increases Dividend

The business also recently announced a dividend, which was paid on Wednesday, February 5th. Shareholders of record on Monday, February 3rd were given a $0.2348 dividend. The ex-dividend date was Monday, February 3rd. This is a positive change from Vanguard Total Bond Market ETF’s previous dividend of $0.23.

Institutional Investors Weigh In On Vanguard Total Bond Market ETF

A number of hedge funds have recently added to or reduced their stakes in BND. Quent Capital LLC bought a new stake in Vanguard Total Bond Market ETF in the 4th quarter valued at about $25,000. Ameriflex Group Inc. acquired a new stake in Vanguard Total Bond Market ETF in the 4th quarter valued at approximately $27,000. Christopher J. Hasenberg Inc acquired a new position in Vanguard Total Bond Market ETF during the 4th quarter worth $31,000. Golden State Wealth Management LLC acquired a new position in Vanguard Total Bond Market ETF during the 4th quarter worth $34,000. Finally, Sound Income Strategies LLC grew its stake in shares of Vanguard Total Bond Market ETF by 44.1% in the fourth quarter. Sound Income Strategies LLC now owns 477 shares of the company’s stock worth $34,000 after purchasing an additional 146 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.