Vanguard Total International Bond ETF (NASDAQ:BNDX) Hits New 12-Month Low – Should You Sell?

Vanguard Total International Bond ETF (NASDAQ:BNDX)’s stock price hit a new 52-week low during mid-day trading on Thursday. The company traded as low as $46.85 and last traded at $46.8950, with a volume of 1647458 shares traded. The stock had previously closed at $46.94.

Vanguard Total International Bond ETF Stock Up 0.1%

The company’s 50 day moving average price is $47.54 and its 200 day moving average price is $47.90.

Hedge Funds Weigh In On Vanguard Total International Bond ETF

Institutional investors have recently modified their holdings of the business. JPMorgan Chase & Co. raised its stake in shares of Vanguard Total International Bond ETF by 9.3% in the fourth quarter. JPMorgan Chase & Co. now owns 275,788,372 shares of the company’s stock valued at $13,326,094,000 after acquiring an additional 23,417,119 shares in the last quarter. Bank of America Corp DE raised its position in Vanguard Total International Bond ETF by 3.0% in the 2nd quarter. Bank of America Corp DE now owns 128,817,197 shares of the company’s stock valued at $6,238,617,000 after purchasing an additional 3,804,781 shares in the last quarter. Envestnet Asset Management Inc. boosted its stake in shares of Vanguard Total International Bond ETF by 3.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 61,515,090 shares of the company’s stock valued at $2,979,176,000 after buying an additional 2,286,457 shares during the period. Sei Investments Co. boosted its stake in shares of Vanguard Total International Bond ETF by 6.3% in the 1st quarter. Sei Investments Co. now owns 12,250,083 shares of the company’s stock valued at $588,618,000 after buying an additional 720,638 shares during the period. Finally, LPL Financial LLC grew its position in shares of Vanguard Total International Bond ETF by 3.7% during the fourth quarter. LPL Financial LLC now owns 11,310,004 shares of the company’s stock worth $546,499,000 after buying an additional 407,906 shares in the last quarter.

About Vanguard Total International Bond ETF

The Vanguard Total International Bond ETF (BNDX) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an investment-grade, non-USD denominated bond index, hedged against currency fluctuations for US investors. BNDX was launched on Jun 4, 2013 and is managed by Vanguard.