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

Vanguard Total Bond Market ETF (NASDAQ:BND) reached a new 52-week high during trading on Wednesday . The company 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 Trading Up 0.4 %

The stock has a fifty day moving average of $73.12 and a two-hundred day moving average of $72.28.

Vanguard Total Bond Market ETF Increases Dividend

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

Institutional Investors Weigh In On Vanguard Total Bond Market ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in BND. Fiducient Advisors LLC grew its position in shares of Vanguard Total Bond Market ETF by 6.2% during the 4th quarter. Fiducient Advisors LLC now owns 581,081 shares of the company’s stock worth $42,739,000 after buying an additional 33,692 shares during the period. Vanguard Group Inc. grew its position in shares of Vanguard Total Bond Market ETF by 22.9% during the 4th quarter. Vanguard Group Inc. now owns 31,073,533 shares of the company’s stock worth $2,285,458,000 after buying an additional 5,792,806 shares during the period. Chicago Partners Investment Group LLC increased its stake in Vanguard Total Bond Market ETF by 39.8% in the fourth quarter. Chicago Partners Investment Group LLC now owns 101,836 shares of the company’s stock valued at $7,380,000 after purchasing an additional 28,986 shares in the last quarter. BlueSky Wealth Advisors LLC raised its stake in Vanguard Total Bond Market ETF by 15.5% during the 4th quarter. BlueSky Wealth Advisors LLC now owns 157,788 shares of the company’s stock worth $11,605,000 after buying an additional 21,216 shares during the period. Finally, Waterloo Capital L.P. bought a new position in Vanguard Total Bond Market ETF during the fourth quarter worth about $343,000.

About Vanguard Total Bond Market ETF

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.