Vanguard Total World Bond ETF (NASDAQ:BNDW) Reaches New 1-Year Low – Here’s Why

Vanguard Total World Bond ETF (NASDAQ:BNDW) shares hit a new 52-week low during trading on Wednesday . The company traded as low as $66.27 and last traded at $66.2660, with a volume of 38295 shares changing hands. The stock had previously closed at $66.74.

Vanguard Total World Bond ETF Trading Down 0.8%

The business has a 50-day moving average of $67.33 and a two-hundred day moving average of $67.94.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in BNDW. BlueCrest Capital Management Ltd acquired a new position in shares of Vanguard Total World Bond ETF during the second quarter worth $4,455,000. Clark Asset Management LLC acquired a new stake in Vanguard Total World Bond ETF in the second quarter valued at $567,000. CFS Investment Advisory Services LLC acquired a new stake in Vanguard Total World Bond ETF in the fourth quarter valued at $855,000. Waverly Advisors LLC raised its position in Vanguard Total World Bond ETF by 16.6% during the 1st quarter. Waverly Advisors LLC now owns 353,548 shares of the company’s stock worth $24,165,000 after purchasing an additional 50,279 shares during the last quarter. Finally, Five Pine Wealth Management raised 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 last quarter.

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.