Modera Wealth Management LLC Increases Stake in Vanguard Total International Bond ETF

Modera Wealth Management LLC has strengthened its position in the Vanguard Total International Bond ETF (NASDAQ:BNDX) by 4.4% during the third quarter, according to reports. As a result of this acquisition, the institutional investor now holds a total of 129,440 shares of the ETF after purchasing an additional 5,502 shares within the quarter. According to their most recent filing with the Securities and Exchange Commission, Modera Wealth Management LLC's holdings in the Vanguard Total International Bond ETF were valued at approximately $6,508,000.

Several other institutional investors have also made moves regarding their stakes in BNDX. For instance, Chris Bulman Inc. entered the Vanguard Total International Bond ETF market in the second quarter with an investment valued around $25,000. Similarly, Quent Capital LLC acquired a new position during the first quarter, amounting to $28,000. Central Pacific Bank Trust Division also established a position in the first quarter worth about $32,000. Gradient Investments LLC increased its stake in the ETF by 32.4% in the second quarter, owning 911 shares valued at $44,000 after buying an additional 223 shares in that timeframe. Additionally, GHP Investment Advisors Inc. secured a new holding in the ETF during the second quarter, valued at approximately $57,000.

Performance of Vanguard Total International Bond ETF

The Vanguard Total International Bond ETF opened at $49.98 on Monday. The ETF reached a one-year low of $47.60 and a one-year high of $51.04. Currently, it has a 50-day moving average of $50.06 and a 200-day moving average of $49.30.

Recent Dividend Increase

Recently, Vanguard Total International Bond ETF announced a dividend, which was paid on September 5th. Shareholders who were on record as of September 3rd received a dividend of $0.1011 per share, marking an increase from the previous dividend of $0.10. The ex-dividend date for this payment was also September 3rd.

Overview of Vanguard Total International Bond ETF

The Vanguard Total International Bond ETF (BNDX) is an exchange-traded fund that primarily invests in investment-grade fixed-income securities. The fund aims to track a non-USD denominated investment-grade bond index while providing a hedge against currency fluctuations for U.S. investors. Established on June 4, 2013, BNDX is under the management of Vanguard.

Investments, Bonds, Funds