162,216 Shares in Vanguard Long-Term Bond ETF $BLV Bought by Vertrix Wealth Management LLC

Vertrix Wealth Management LLC purchased a new position in Vanguard Long-Term Bond ETF (NYSEARCA:BLV) in the first quarter, Holdings Channel.com reports. The institutional investor purchased 162,216 shares of the company’s stock, valued at approximately $11,157,000. Vanguard Long-Term Bond ETF accounts for 4.1% of Vertrix Wealth Management LLC’s holdings, making the stock its 5th largest holding.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Sunbelt Securities Inc. raised its holdings in shares of Vanguard Long-Term Bond ETF by 864.9% during the third quarter. Sunbelt Securities Inc. now owns 357 shares of the company’s stock valued at $25,000 after purchasing an additional 320 shares during the period. Key Financial Inc boosted its holdings in Vanguard Long-Term Bond ETF by 114.0% in the fourth quarter. Key Financial Inc now owns 473 shares of the company’s stock worth $33,000 after acquiring an additional 252 shares in the last quarter. Franklin Resources Inc. acquired a new stake in Vanguard Long-Term Bond ETF in the second quarter valued at approximately $33,000. NBT Bank N A NY acquired a new stake in Vanguard Long-Term Bond ETF in the fourth quarter valued at approximately $36,000. Finally, Global Trust Asset Management LLC bought a new stake in shares of Vanguard Long-Term Bond ETF during the fourth quarter valued at approximately $44,000.

Vanguard Long-Term Bond ETF Stock Performance

NYSEARCA BLV opened at $68.35 on Thursday. Vanguard Long-Term Bond ETF has a 52 week low of $66.49 and a 52 week high of $72.63. The business has a 50 day moving average price of $68.48 and a 200-day moving average price of $69.27.

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). 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.