Vanguard Total Bond Market ETF (BND)
Vanguard Total Bond Market ETF operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in Malvern, PA, US. The stock last traded at $72.31, down 0.32% on the session, giving a market capitalisation of $398.36B. Its beta of 0.99 implies it has historically moved less than the broad market.
This fund aims to replicate the overall performance of a comprehensive, market-capitalization-weighted bond index. It provides extensive exposure to the U.S. domestic, taxable, investment-grade fixed-income market, specifically excluding bonds that are inflation-protected or tax-exempt. Investors can anticipate a robust potential for generating income, while also experiencing relatively modest fluctuations in its share value. The fund is particularly suitable for individuals with medium to long-term financial objectives who are seeking a consistent and reliable stream of income. Moreover, it serves as an effective tool for enhancing portfolio diversification and cushioning against the volatility typically associated with stock investments.
Vanguard Total Bond Market ETF is most often compared with the following Financial Services names: