Ocean Park Asset Management LLC Acquires Shares of 475,100 Vanguard Long-Term Bond ETF $BLV

Ocean Park Asset Management LLC bought a new stake in Vanguard Long-Term Bond ETF (NYSEARCA:BLV) during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 475,100 shares of the company’s stock, valued at approximately $32,677,000. Vanguard Long-Term Bond ETF accounts for 1.6% of Ocean Park Asset Management LLC’s investment portfolio, making the stock its 15th biggest holding.

A number of other institutional investors and hedge funds have also modified their holdings of the stock. Clark Asset Management LLC increased its stake in shares of Vanguard Long-Term Bond ETF by 10.4% during the first quarter. Clark Asset Management LLC now owns 260,533 shares of the company’s stock worth $17,919,000 after purchasing an additional 24,642 shares in the last quarter. Brookstone Capital Management lifted its stake in Vanguard Long-Term Bond ETF by 9.7% in the 1st quarter. Brookstone Capital Management now owns 87,167 shares of the company’s stock valued at $5,995,000 after buying an additional 7,673 shares in the last quarter. Center For Asset Management LLC lifted its stake in Vanguard Long-Term Bond ETF by 5.3% in the 1st quarter. Center For Asset Management LLC now owns 5,459 shares of the company’s stock valued at $375,000 after buying an additional 276 shares in the last quarter. Strong Tower Advisory Services boosted its holdings in Vanguard Long-Term Bond ETF by 8.5% in the 1st quarter. Strong Tower Advisory Services now owns 340,500 shares of the company’s stock worth $23,420,000 after buying an additional 26,597 shares during the last quarter. Finally, Rockefeller Capital Management L.P. boosted its holdings in Vanguard Long-Term Bond ETF by 45.1% in the 4th quarter. Rockefeller Capital Management L.P. now owns 5,024 shares of the company’s stock worth $349,000 after buying an additional 1,561 shares during the last quarter.

Vanguard Long-Term Bond ETF Stock Performance

NYSEARCA:BLV opened at $69.09 on Monday. The stock has a 50 day moving average of $68.49 and a two-hundred day moving average of $69.33. Vanguard Long-Term Bond ETF has a 12 month low of $66.49 and a 12 month high of $72.63.

Vanguard Long-Term Bond ETF 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.