Income Research & Management Takes $50.14 Million Position in Vanguard Long-Term Bond ETF $BLV

Income Research & Management bought a new stake in shares of Vanguard Long-Term Bond ETF (NYSEARCA:BLV) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 720,997 shares of the company’s stock, valued at approximately $50,138,000. Vanguard Long-Term Bond ETF makes up about 13.4% of Income Research & Management’s holdings, making the stock its largest position.

A number of other institutional investors have also recently added to or reduced their stakes in BLV. New Republic Capital LLC purchased a new stake in Vanguard Long-Term Bond ETF in the 1st quarter worth $25,000. Howe & Rusling Inc. grew its position in shares of Vanguard Long-Term Bond ETF by 48.3% in the first quarter. Howe & Rusling Inc. now owns 473 shares of the company’s stock valued at $33,000 after purchasing an additional 154 shares during the period. Cape Investment Advisory Inc. grew its position in shares of Vanguard Long-Term Bond ETF by 86.4% in the first quarter. Cape Investment Advisory Inc. now owns 520 shares of the company’s stock valued at $37,000 after purchasing an additional 241 shares during the period. Clearstead Trust LLC purchased a new stake in shares of Vanguard Long-Term Bond ETF during the first quarter worth about $38,000. Finally, Phillips Financial Management LLC raised its position in shares of Vanguard Long-Term Bond ETF by 177.6% during the 1st quarter. Phillips Financial Management LLC now owns 569 shares of the company’s stock worth $40,000 after purchasing an additional 364 shares during the last quarter.

Vanguard Long-Term Bond ETF Price Performance

Shares of Vanguard Long-Term Bond ETF stock opened at $70.53 on Monday. Vanguard Long-Term Bond ETF has a twelve month low of $65.71 and a twelve month high of $75.78. The firm’s 50-day moving average price is $69.63 and its 200 day moving average price is $68.86.

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).