Montag & Caldwell LLC Cuts Holdings in Vanguard Long-Term Bond ETF (NYSEARCA:BLV)

Montag & Caldwell LLC decreased its position in Vanguard Long-Term Bond ETF (NYSEARCA:BLV) by 55.0% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 3,019 shares of the company’s stock after selling 3,690 shares during the period. Montag & Caldwell LLC’s holdings in Vanguard Long-Term Bond ETF were worth $212,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in BLV. Koss Olinger Consulting LLC purchased a new stake in shares of Vanguard Long-Term Bond ETF during the second quarter worth about $46,372,000. Envestnet Asset Management Inc. increased its stake in shares of Vanguard Long-Term Bond ETF by 5.5% during the fourth quarter. Envestnet Asset Management Inc. now owns 10,511,837 shares of the company’s stock worth $783,973,000 after purchasing an additional 547,325 shares in the last quarter. Morningstar Investment Services LLC increased its stake in shares of Vanguard Long-Term Bond ETF by 97.8% during the fourth quarter. Morningstar Investment Services LLC now owns 820,265 shares of the company’s stock worth $61,585,000 after purchasing an additional 405,561 shares in the last quarter. Greystone Financial Group LLC purchased a new stake in shares of Vanguard Long-Term Bond ETF during the fourth quarter worth about $19,995,000. Finally, Cetera Investment Advisers increased its stake in shares of Vanguard Long-Term Bond ETF by 71.7% during the first quarter. Cetera Investment Advisers now owns 502,063 shares of the company’s stock worth $36,314,000 after purchasing an additional 209,608 shares in the last quarter.

Vanguard Long-Term Bond ETF Price Performance

BLV stock opened at $76.04 on Monday. The firm has a 50-day simple moving average of $73.30 and a 200-day simple moving average of $71.48. Vanguard Long-Term Bond ETF has a 52 week low of $62.95 and a 52 week high of $76.26.

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).