Vanguard Total Bond Market ETF (NASDAQ:BND) Sees Large Volume Increase – Should You Buy?

Vanguard Total Bond Market ETF (NASDAQ:BND) shares saw unusually-high trading volume on Friday . Approximately 14,409,553 shares traded hands during trading, an increase of 120% from the previous session’s volume of 6,563,478 shares.The stock last traded at $72.36 and had previously closed at $72.46.

Vanguard Total Bond Market ETF Stock Up 0.2 %

The stock has a fifty day moving average price of $74.07 and a 200-day moving average price of $73.19.

Vanguard Total Bond Market ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, November 5th. Investors of record on Friday, November 1st were issued a dividend of $0.2276 per share. This is a boost from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.22. This represents a $2.73 annualized dividend and a yield of 3.76%. The ex-dividend date of this dividend was Friday, November 1st.

Institutional Trading of Vanguard Total Bond Market ETF

A number of institutional investors have recently modified their holdings of the business. Anfield Capital Management LLC lifted its holdings in Vanguard Total Bond Market ETF by 4,650.0% in the 2nd quarter. Anfield Capital Management LLC now owns 475 shares of the company’s stock valued at $34,000 after purchasing an additional 465 shares in the last quarter. CVA Family Office LLC grew its stake in shares of Vanguard Total Bond Market ETF by 443.3% during the 2nd quarter. CVA Family Office LLC now owns 489 shares of the company’s stock valued at $35,000 after buying an additional 399 shares during the period. Ridgewood Investments LLC acquired a new position in Vanguard Total Bond Market ETF in the second quarter valued at $38,000. Family Asset Management LLC acquired a new position in shares of Vanguard Total Bond Market ETF in the 2nd quarter valued at about $40,000. Finally, American National Bank purchased a new position in Vanguard Total Bond Market ETF in the second quarter valued at approximately $44,000.

Vanguard Total Bond Market ETF Company Profile

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.