Foguth Wealth Management LLC. Buys Shares of 3,700 Vanguard Long-Term Bond ETF (NYSEARCA:BLV)

Foguth Wealth Management LLC. purchased a new position in Vanguard Long-Term Bond ETF (NYSEARCA:BLV) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 3,700 shares of the company’s stock, valued at approximately $253,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of BLV. Crews Bank & Trust bought a new stake in Vanguard Long-Term Bond ETF during the 4th quarter valued at $26,000. Harbor Investment Advisory LLC boosted its position in Vanguard Long-Term Bond ETF by 415.8% during the fourth quarter. Harbor Investment Advisory LLC now owns 521 shares of the company’s stock valued at $36,000 after purchasing an additional 420 shares in the last quarter. Wilmington Savings Fund Society FSB purchased a new position in Vanguard Long-Term Bond ETF in the third quarter valued at about $52,000. Pinnacle Bancorp Inc. lifted its position in shares of Vanguard Long-Term Bond ETF by 1,193.5% during the fourth quarter. Pinnacle Bancorp Inc. now owns 802 shares of the company’s stock valued at $55,000 after buying an additional 740 shares during the last quarter. Finally, Sugarloaf Wealth Management LLC boosted its holdings in shares of Vanguard Long-Term Bond ETF by 23.6% in the 3rd quarter. Sugarloaf Wealth Management LLC now owns 1,012 shares of the company’s stock valued at $76,000 after buying an additional 193 shares in the last quarter.

Vanguard Long-Term Bond ETF Stock Up 0.3 %

Shares of Vanguard Long-Term Bond ETF stock opened at $69.08 on Wednesday. Vanguard Long-Term Bond ETF has a 52-week low of $66.64 and a 52-week high of $76.87. The firm’s 50 day moving average price is $69.50 and its 200-day moving average price is $71.83.

Vanguard Long-Term Bond ETF Cuts Dividend

The firm also recently declared a dividend, which will be paid on Wednesday, February 5th. Stockholders of record on Monday, February 3rd will be given a dividend of $0.2695 per share. The ex-dividend date is Monday, February 3rd.

About Vanguard Long-Term Bond ETF

Vanguard Bond Index Funds (the Fund), formerly Vanguard Long-Term Bond ETF, seeks to track the performance of a market-weighted bond index with a long-term, dollar-weighted average maturity. It employs a passive management or indexing strategy designed to track the performance of the Barclays Capital U.S.Long Government/Credit Bond Index (the Index).