Vanguard Total Bond Market ETF (NASDAQ:BND) Reaches New 1-Year High – What’s Next?

Shares of Vanguard Total Bond Market ETF (NASDAQ:BND) reached a new 52-week high during mid-day trading on Friday . The company traded as high as $75.22 and last traded at $75.1550, with a volume of 22668 shares trading hands. The stock had previously closed at $75.02.

Vanguard Total Bond Market ETF Stock Performance

The stock’s fifty day moving average price is $74.36 and its two-hundred day moving average price is $74.33.

Vanguard Total Bond Market ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, February 4th. Shareholders of record on Monday, February 2nd were issued a $0.2455 dividend. The ex-dividend date was Monday, February 2nd. This represents a c) annualized dividend and a yield of 3.9%.

Hedge Funds Weigh In On Vanguard Total Bond Market ETF

Several hedge funds have recently made changes to their positions in the business. Wilkerson Advisory Group LLC bought a new stake in shares of Vanguard Total Bond Market ETF during the 4th quarter valued at $26,000. Hilton Head Capital Partners LLC purchased a new stake in Vanguard Total Bond Market ETF in the 4th quarter worth $26,000. CKW Financial Group bought a new stake in Vanguard Total Bond Market ETF during the fourth quarter valued at about $28,000. Kelleher Financial Advisors purchased a new position in shares of Vanguard Total Bond Market ETF in the third quarter valued at about $32,000. Finally, Orion Capital Management LLC purchased a new position in shares of Vanguard Total Bond Market ETF in the third quarter valued at about $32,000.

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.