Vanguard Total World Bond ETF (NASDAQ:BNDW) Hits New 52-Week Low – Here’s Why

Shares of Vanguard Total World Bond ETF (NASDAQ:BNDW) hit a new 52-week low on Wednesday . The company traded as low as $66.87 and last traded at $66.8770, with a volume of 57036 shares. The stock had previously closed at $67.07.

Vanguard Total World Bond ETF Stock Performance

The firm’s 50-day simple moving average is $67.62 and its 200 day simple moving average is $68.15.

Institutional Investors Weigh In On Vanguard Total World Bond ETF

Several institutional investors have recently modified their holdings of the company. CFS Investment Advisory Services LLC acquired a new stake in Vanguard Total World Bond ETF during the 4th quarter valued at $855,000. Clark Asset Management LLC acquired a new stake in shares of Vanguard Total World Bond ETF in the second quarter worth $567,000. Waverly Advisors LLC raised its stake in shares of Vanguard Total World Bond ETF by 16.6% in the 1st quarter. Waverly Advisors LLC now owns 353,548 shares of the company’s stock valued at $24,165,000 after acquiring an additional 50,279 shares during the period. Northwestern Mutual Wealth Management Co. lifted its holdings 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 valued at $17,697,000 after acquiring an additional 256,238 shares in the last quarter. Finally, Five Pine Wealth Management boosted its position in Vanguard Total World Bond ETF by 26.6% during the 1st quarter. Five Pine Wealth Management now owns 78,106 shares of the company’s stock worth $5,339,000 after purchasing an additional 16,424 shares during the period.

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.