Vanguard Total Bond Market ETF (NASDAQ:BND) Hits New 52-Week High at $74.80

Vanguard Total Bond Market ETF (NASDAQ:BND)’s stock price reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $74.80 and last traded at $74.78, with a volume of 3118099 shares traded. The stock had previously closed at $74.56.

Vanguard Total Bond Market ETF Stock Performance

The business’s 50-day simple moving average is $73.12 and its 200 day simple moving average is $72.28.

Vanguard Total Bond Market ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Monday, August 5th. Investors of record on Thursday, August 1st were paid a dividend of $0.2239 per share. The ex-dividend date of this dividend was Thursday, August 1st. This represents a $2.69 annualized dividend and a yield of 3.59%. This is a boost from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.21.

Institutional Trading of Vanguard Total Bond Market ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. Cetera Investment Advisers raised its position in shares of Vanguard Total Bond Market ETF by 2.3% during the second quarter. Cetera Investment Advisers now owns 4,915,624 shares of the company’s stock worth $354,171,000 after purchasing an additional 108,323 shares during the period. Ted Buchan & Co purchased a new position in Vanguard Total Bond Market ETF in the 2nd quarter worth about $1,197,000. Advisory Alpha LLC raised its holdings in Vanguard Total Bond Market ETF by 6.5% during the 2nd quarter. Advisory Alpha LLC now owns 3,684 shares of the company’s stock worth $265,000 after buying an additional 226 shares during the period. EP Wealth Advisors LLC lifted its stake in Vanguard Total Bond Market ETF by 19.3% during the second quarter. EP Wealth Advisors LLC now owns 71,868 shares of the company’s stock valued at $5,178,000 after buying an additional 11,638 shares in the last quarter. Finally, B. Riley Wealth Advisors Inc. lifted its stake in Vanguard Total Bond Market ETF by 337.3% during the second quarter. B. Riley Wealth Advisors Inc. now owns 121,173 shares of the company’s stock valued at $8,730,000 after buying an additional 93,463 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.