Investors Are Piling Into This Vanguard ETF. Here's Why It's Not Too Late to Join Them
It took nearly two decades, but one of Vanguard's ETFs just reached a major milestone.
The Vanguard Total Bond Market ETF (NASDAQ: BND) broke $100 billion in total assets at the end of November. It's the first bond index fund to cross the threshold. And while the recent run in bond prices has helped, the $16 billion investors have put into the fund so far this year have played a much bigger role.
Investors heavily focused on the stock market may think they've missed the opportunity in bonds. Yields have dropped significantly over the last couple months as investors become more optimistic that the Federal Reserve will cut interest rates next year. As a result, The index fund has moved 6.1% higher from its October low while paying its monthly dividend.
Source Fool.com
