Short Interest in Vanguard Total World Bond ETF (NASDAQ:BNDW) Drops By 53.2%

Vanguard Total World Bond ETF (NASDAQ:BNDW) was the target of a significant drop in short interest during the month of November. As of November 15th, there was short interest totalling 25,800 shares, a drop of 53.2% from the October 31st total of 55,100 shares. Based on an average daily trading volume, of 52,100 shares, the short-interest ratio is currently 0.5 days.

Vanguard Total World Bond ETF Price Performance

BNDW stock traded up $0.28 during midday trading on Friday, hitting $70.00. The stock had a trading volume of 24,682 shares, compared to its average volume of 60,201. The business has a fifty day moving average price of $69.65 and a two-hundred day moving average price of $69.19. Vanguard Total World Bond ETF has a 1-year low of $66.88 and a 1-year high of $70.90.

Vanguard Total World Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, November 5th. Shareholders of record on Friday, November 1st were issued a dividend of $0.1767 per share. This represents a $2.12 dividend on an annualized basis and a dividend yield of 3.03%. The ex-dividend date was Friday, November 1st.

Institutional Trading of Vanguard Total World Bond ETF

Several hedge funds have recently modified their holdings of BNDW. Continuum Advisory LLC acquired a new position in shares of Vanguard Total World Bond ETF during the second quarter valued at about $54,000. Farther Finance Advisors LLC purchased a new stake in shares of Vanguard Total World Bond ETF in the third quarter valued at about $90,000. Benjamin F. Edwards & Company Inc. increased its position in shares of Vanguard Total World Bond ETF by 15.5% during the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 1,297 shares of the company’s stock valued at $88,000 after purchasing an additional 174 shares during the last quarter. Evolution Advisers Inc. increased its stake in shares of Vanguard Total World Bond ETF by 38.0% during the 2nd quarter. Evolution Advisers Inc. now owns 1,374 shares of the company’s stock worth $93,000 after purchasing an additional 378 shares during the last quarter. Finally, Nwam LLC bought a new stake in shares of Vanguard Total World Bond ETF in the third quarter valued at $209,000.

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.