Truist Financial Corp Buys 198,939 Shares of Vanguard Long-Term Bond ETF $BLV

Truist Financial Corp increased its stake in shares of Vanguard Long-Term Bond ETF (NYSEARCA:BLV) by 91.2% during the 4th quarter, HoldingsChannel.com reports. The fund owned 417,106 shares of the company’s stock after acquiring an additional 198,939 shares during the period. Truist Financial Corp’s holdings in Vanguard Long-Term Bond ETF were worth $28,997,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Evergreen Wealth Management LLC raised its holdings in Vanguard Long-Term Bond ETF by 13.8% during the third quarter. Evergreen Wealth Management LLC now owns 146,354 shares of the company’s stock worth $10,369,000 after acquiring an additional 17,697 shares in the last quarter. Milestone Asset Management LLC bought a new stake in Vanguard Long-Term Bond ETF in the fourth quarter valued at approximately $851,000. Country Trust Bank raised its stake in Vanguard Long-Term Bond ETF by 98.4% in the fourth quarter. Country Trust Bank now owns 700,677 shares of the company’s stock valued at $48,711,000 after buying an additional 347,564 shares during the period. Asset Allocation & Management Company LLC bought a new stake in Vanguard Long-Term Bond ETF in the fourth quarter valued at approximately $713,000. Finally, Burk Holdings LLC bought a new stake in Vanguard Long-Term Bond ETF in the third quarter valued at approximately $1,342,000.

Vanguard Long-Term Bond ETF Stock Performance

NYSEARCA:BLV opened at $68.25 on Wednesday. The stock’s 50 day moving average price is $69.27 and its two-hundred day moving average price is $70.03. Vanguard Long-Term Bond ETF has a 12-month low of $65.71 and a 12-month high of $72.63.

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). The Index includes all medium and larger issues of the United States Government, investment-grade corporate, and investment-grade international dollar-denominated bonds that have maturities of greater than 10 years and are publicly issued.