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

Vanguard Total World Bond ETF (NASDAQ:BNDW) saw strong trading volume on Thursday . 108,882 shares were traded 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 Performance

The business has a 50 day simple moving average of $68.91 and a 200 day simple moving average of $69.31.

Vanguard Total World Bond ETF Increases Dividend

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

Hedge Funds Weigh In On Vanguard Total World Bond ETF

Institutional investors have recently bought and sold shares of the company. Gould Capital LLC acquired a new stake in shares of Vanguard Total World Bond ETF during the second quarter worth about $25,000. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Vanguard Total World Bond ETF by 3,240.0% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 501 shares of the company’s stock valued at $35,000 after purchasing an additional 486 shares in the last quarter. Brown Lisle Cummings Inc. grew its holdings in shares of Vanguard Total World Bond ETF by 142.9% in the fourth quarter. Brown Lisle Cummings Inc. now owns 850 shares of the company’s stock valued at $58,000 after purchasing an additional 500 shares in the last quarter. Benjamin Edwards Inc. purchased a new stake in Vanguard Total World Bond ETF during the 3rd quarter worth approximately $202,000. Finally, 17 Capital Partners LLC acquired a new stake in Vanguard Total World Bond ETF during the 3rd quarter worth approximately $221,000.

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.