BNDW Stock Summary and Trading Ideas (Vanguard Total World Bond ETF | NASDAQ:BNDW)

Vanguard Total World Bond ETF seeks to track the performance of the Bloomberg Global Aggregate Float Adjusted Composite Index. The Fund is a fund of funds and employs an indexing investment approach designed to track the performance of the Bloomberg Global Aggregate Float Adjusted Composite Index (Index), which is designed to track the market capitalized weights of the global investment-grade bond market and is comprised of the Bloomberg Barclays U.S. Aggregate Float Adjusted Index and the Bloomberg Global Aggregate ex-USD Float Adjusted RIC Capped Index (USD Hedged). The Fund intends to obtain its exposure to the bonds held in the Index by investing all, or substantially all, of its assets in two Vanguard bond index ETFs (underlying funds), rather than in individual securities held in the Index.

Vanguard Total World Bond ETF trades on the NASDAQ stock market under the symbol BNDW.

As of September 13, 2024, BNDW stock price climbed to $70.73 with 87,834 million shares trading.

BNDW has a beta of 0.15, meaning it tends to be less sensitive to market movements. BNDW has a correlation of 0.13 to the broad based SPY ETF.

BNDW has a market cap of $824.71 million. This is considered a Small Cap stock.

In the last 3 years, BNDW stock traded as high as $80.86 and as low as $65.11.

BNDW stock has underperformed the market in the last year with a return of +9.5%, while SPY returned +27.5%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in BNDW shares. However, BNDW has outperformed the market in the last 3 month and 2 week periods, returning +4.7% and +1.4%, while SPY returned +4.1% and +0.7%, respectively. This indicates BNDW has been having a stronger performance recently.

BNDW support price is $70.43 and resistance is $70.77 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that BNDW stock will trade within this expected range on the day.