Vanguard Total World Bond ETF (NASDAQ:BNDW) Trading 0.2% Higher – Here’s Why

Vanguard Total World Bond ETF (NASDAQ:BNDW)’s stock price traded up 0.2% on Monday . The stock traded as high as $69.08 and last traded at $69.07. 171,476 shares traded hands during mid-day trading, an increase of 16% from the average session volume of 147,539 shares. The stock had previously closed at $68.92.

Vanguard Total World Bond ETF Stock Up 0.2%

The company’s 50 day moving average is $69.12 and its 200-day moving average is $69.44.

Vanguard Total World Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd were given a $0.1769 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date of this dividend was Monday, March 2nd.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Amicus Financial Advisors LLC acquired a new stake in Vanguard Total World Bond ETF during the 4th quarter valued at $29,997,000. Jane Street Group LLC acquired a new position in shares of Vanguard Total World Bond ETF in the fourth quarter valued at $23,377,000. Betterment LLC increased its holdings in shares of Vanguard Total World Bond ETF by 1,434.5% in the second quarter. Betterment LLC now owns 309,606 shares of the company’s stock valued at $21,465,000 after purchasing an additional 289,430 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its position in shares of Vanguard Total World Bond ETF by 21,211.8% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 257,446 shares of the company’s stock valued at $17,697,000 after purchasing an additional 256,238 shares during the period. Finally, Stone Summit Wealth LLC bought a new position in shares of Vanguard Total World Bond ETF in the third quarter valued at about $6,865,000.

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.