LPL Financial LLC Raises Stake in Vanguard Long-Term Bond ETF (NYSEARCA:BLV)

LPL Financial LLC boosted its stake in Vanguard Long-Term Bond ETF (NYSEARCA:BLV) by 23.7% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 3,135,816 shares of the company’s stock after purchasing an additional 601,500 shares during the quarter. LPL Financial LLC owned about 3.95% of Vanguard Long-Term Bond ETF worth $214,584,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of BLV. Crews Bank & Trust purchased a new stake in Vanguard Long-Term Bond ETF in the fourth quarter valued at approximately $26,000. Harbor Investment Advisory LLC grew its holdings in Vanguard Long-Term Bond ETF by 415.8% in 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 during the period. Wilmington Savings Fund Society FSB purchased a new stake in Vanguard Long-Term Bond ETF in the third quarter valued at approximately $52,000. Pinnacle Bancorp Inc. grew its holdings in Vanguard Long-Term Bond ETF by 1,193.5% in the fourth quarter. Pinnacle Bancorp Inc. now owns 802 shares of the company’s stock valued at $55,000 after purchasing an additional 740 shares during the period. Finally, Richard W. Paul & Associates LLC grew its holdings in Vanguard Long-Term Bond ETF by 13.7% in the fourth quarter. Richard W. Paul & Associates LLC now owns 1,364 shares of the company’s stock valued at $93,000 after purchasing an additional 164 shares during the period.

Vanguard Long-Term Bond ETF Stock Performance

Vanguard Long-Term Bond ETF stock opened at $70.43 on Monday. Vanguard Long-Term Bond ETF has a 1 year low of $66.65 and a 1 year high of $76.87. The firm has a 50 day moving average price of $69.54 and a 200 day moving average price of $71.06.

Vanguard Long-Term Bond ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were paid a dividend of $0.2695 per share. The ex-dividend date was Monday, March 3rd.

Vanguard Long-Term Bond ETF Company Profile

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).