Vanguard Total World Bond ETF (NASDAQ:BNDW) Sees Large Volume Increase – Still a Buy?

Vanguard Total World Bond ETF (NASDAQ:BNDW) saw unusually-strong trading volume on Thursday . Approximately 108,882 shares changed hands during mid-day trading, a decline of 22% from the previous session’s volume of 139,060 shares.The stock last traded at $68.12 and had previously closed at $68.24.

Vanguard Total World Bond ETF Stock Up 0.1%

The firm has a 50 day moving average price of $68.91 and a 200-day moving average price of $69.31.

Vanguard Total World Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, April 6th. Shareholders of record on Wednesday, April 1st will be issued a dividend of $0.1963 per share. This is a positive change from Vanguard Total World Bond ETF’s previous monthly dividend of $0.18. The ex-dividend date is Wednesday, April 1st. This represents a c) annualized dividend and a yield of 3.4%.

Hedge Funds Weigh In On Vanguard Total World Bond ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Royal Bank of Canada increased its stake in shares of Vanguard Total World Bond ETF by 2.5% during the first quarter. Royal Bank of Canada now owns 78,876 shares of the company’s stock worth $5,427,000 after buying an additional 1,935 shares during the period. Jane Street Group LLC purchased a new position in Vanguard Total World Bond ETF in the first quarter worth approximately $2,211,000. Northwestern Mutual Wealth Management Co. grew its holdings in Vanguard Total World Bond ETF by 3,240.0% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 501 shares of the company’s stock worth $35,000 after acquiring an additional 486 shares in the last quarter. Betterment LLC grew its holdings in Vanguard Total World Bond ETF by 1,434.5% during the 2nd quarter. Betterment LLC now owns 309,606 shares of the company’s stock worth $21,465,000 after acquiring an additional 289,430 shares in the last quarter. Finally, Gould Capital LLC acquired a new position in Vanguard Total World Bond ETF during the 2nd quarter worth approximately $25,000.

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.