Vanguard Total Bond Market ETF (NASDAQ:BND) Sets New 52-Week Low – Should You Sell?

Vanguard Total Bond Market ETF (NASDAQ:BND) hit a new 52-week low during mid-day trading on Friday . The stock traded as low as $72.17 and last traded at $72.20, with a volume of 739985 shares trading hands. The stock had previously closed at $72.42.

Vanguard Total Bond Market ETF Trading Down 0.3%

The business has a fifty day moving average price of $73.00 and a 200 day moving average price of $73.60.

Vanguard Total Bond Market ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Monday, July 6th. Shareholders of record on Wednesday, July 1st were given a dividend of $0.2445 per share. This represents a c) dividend on an annualized basis and a yield of 4.1%. The ex-dividend date of this dividend was Wednesday, July 1st.

Hedge Funds Weigh In On Vanguard Total Bond Market ETF

A number of large investors have recently modified their holdings of BND. Abound Wealth Management lifted its stake in shares of Vanguard Total Bond Market ETF by 2.0% in the 2nd quarter. Abound Wealth Management now owns 18,406 shares of the company’s stock valued at $1,351,000 after purchasing an additional 369 shares in the last quarter. JFS Wealth Advisors LLC increased its position in Vanguard Total Bond Market ETF by 1.1% during the 2nd quarter. JFS Wealth Advisors LLC now owns 268,922 shares of the company’s stock worth $19,742,000 after purchasing an additional 2,937 shares in the last quarter. Sunesis Advisors LLC raised its holdings in Vanguard Total Bond Market ETF by 1.5% in the second quarter. Sunesis Advisors LLC now owns 52,221 shares of the company’s stock valued at $3,834,000 after buying an additional 750 shares during the period. William Mack & Associates Inc. lifted its position in Vanguard Total Bond Market ETF by 93.2% during the second quarter. William Mack & Associates Inc. now owns 18,540 shares of the company’s stock valued at $1,361,000 after buying an additional 8,945 shares in the last quarter. Finally, Farrell Financial LLC lifted its position in Vanguard Total Bond Market ETF by 8.4% during the second quarter. Farrell Financial LLC now owns 96,242 shares of the company’s stock valued at $7,065,000 after buying an additional 7,442 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.