Vanguard Long-Term Bond ETF (NYSEARCA:BLV) Shares Acquired by Focus Financial Network Inc.

Focus Financial Network Inc. increased its holdings in Vanguard Long-Term Bond ETF (NYSEARCA:BLV) by 1.3% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 34,570 shares of the company’s stock after buying an additional 431 shares during the period. Focus Financial Network Inc.’s holdings in Vanguard Long-Term Bond ETF were worth $2,366,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in BLV. Crews Bank & Trust acquired a new position in Vanguard Long-Term Bond ETF during the fourth quarter worth $26,000. Harbor Investment Advisory LLC grew its stake in shares of Vanguard Long-Term Bond ETF by 415.8% in the 4th quarter. Harbor Investment Advisory LLC now owns 521 shares of the company’s stock valued at $36,000 after buying an additional 420 shares during the period. Wilmington Savings Fund Society FSB purchased a new stake in shares of Vanguard Long-Term Bond ETF during the 3rd quarter valued at approximately $52,000. Pinnacle Bancorp Inc. lifted its holdings in Vanguard Long-Term Bond ETF by 1,193.5% in the fourth quarter. Pinnacle Bancorp Inc. now owns 802 shares of the company’s stock valued at $55,000 after acquiring an additional 740 shares during the last quarter. Finally, Avior Wealth Management LLC increased its stake in Vanguard Long-Term Bond ETF by 3,166.7% during the third quarter. Avior Wealth Management LLC now owns 1,862 shares of the company’s stock worth $140,000 after acquiring an additional 1,805 shares during the last quarter.

Vanguard Long-Term Bond ETF Stock Performance

Shares of BLV opened at $69.08 on Wednesday. The company’s 50-day moving average price is $69.24 and its 200 day moving average price is $71.78. Vanguard Long-Term Bond ETF has a 12-month low of $66.64 and a 12-month high of $76.87.

Vanguard Long-Term Bond ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Wednesday, February 5th. Stockholders of record on Monday, February 3rd were given a dividend of $0.2695 per share. The ex-dividend date of this dividend was Monday, February 3rd.

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).