Vanguard Total World Bond ETF (NASDAQ:BNDW) Reaches New 1-Year Low – Here’s Why

Shares of Vanguard Total World Bond ETF (NASDAQ:BNDW) hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as $66.28 and last traded at $66.40, with a volume of 123245 shares traded. The stock had previously closed at $66.47.

Vanguard Total World Bond ETF Price Performance

The company’s 50 day simple moving average is $67.42 and its 200 day simple moving average is $68.02.

Institutional Trading of Vanguard Total World Bond ETF

A number of institutional investors and hedge funds have recently modified their holdings of the business. Amicus Financial Advisors LLC purchased a new position in Vanguard Total World Bond ETF in the fourth quarter worth $29,997,000. Waverly Advisors LLC increased its position in shares of Vanguard Total World Bond ETF by 0.3% during the 2nd quarter. Waverly Advisors LLC now owns 354,661 shares of the company’s stock valued at $24,305,000 after purchasing an additional 1,113 shares during the last quarter. Bank of America Corp DE raised its stake in shares of Vanguard Total World Bond ETF by 3.8% during the 1st quarter. Bank of America Corp DE now owns 323,829 shares of the company’s stock worth $22,134,000 after purchasing an additional 11,779 shares during the period. Northwestern Mutual Wealth Management Co. raised its stake in shares of Vanguard Total World Bond ETF by 21,211.8% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 257,446 shares of the company’s stock worth $17,697,000 after purchasing an additional 256,238 shares during the period. Finally, E Wealth Partners LLC boosted its holdings in shares of Vanguard Total World Bond ETF by 4.6% in the 1st quarter. E Wealth Partners LLC now owns 101,459 shares of the company’s stock worth $6,935,000 after buying an additional 4,446 shares during the last quarter.

Vanguard Total World Bond ETF Company Profile

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.