Vanguard Long-Term Bond ETF (NYSEARCA:BLV) Sees Strong Trading Volume – Time to Buy?

Shares of Vanguard Long-Term Bond ETF (NYSEARCA:BLV) saw unusually-high trading volume on Tuesday . Approximately 5,641,396 shares changed hands during trading, an increase of 694% from the previous session’s volume of 710,089 shares.The stock last traded at $68.25 and had previously closed at $69.28.

Vanguard Long-Term Bond ETF Stock Performance

The stock’s 50-day moving average price is $69.97 and its 200-day moving average price is $70.62.

Vanguard Long-Term Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, April 3rd. Investors of record on Tuesday, April 1st were issued a $0.2695 dividend. The ex-dividend date was Tuesday, April 1st.

Hedge Funds Weigh In On Vanguard Long-Term Bond ETF

Institutional investors and hedge funds have recently made changes to their positions in the company. Independent Advisor Alliance acquired a new position in Vanguard Long-Term Bond ETF in the 4th quarter worth $435,000. Raymond James Financial Inc. bought a new position in shares of Vanguard Long-Term Bond ETF during the fourth quarter worth about $17,549,000. M&T Bank Corp grew its holdings in shares of Vanguard Long-Term Bond ETF by 69.6% during the fourth quarter. M&T Bank Corp now owns 13,716 shares of the company’s stock worth $939,000 after buying an additional 5,629 shares in the last quarter. B. Riley Wealth Advisors Inc. raised its position in Vanguard Long-Term Bond ETF by 10.3% in the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 106,892 shares of the company’s stock valued at $7,981,000 after buying an additional 9,982 shares during the last quarter. Finally, AdvisorNet Financial Inc boosted its position in Vanguard Long-Term Bond ETF by 50.4% during the 4th quarter. AdvisorNet Financial Inc now owns 7,185 shares of the company’s stock worth $492,000 after acquiring an additional 2,409 shares during the last quarter.

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).