Maripau Wealth Management LLC Purchases Shares of 6,477 Vanguard Long-Term Bond ETF (NYSEARCA:BLV)

Maripau Wealth Management LLC purchased a new stake in shares of Vanguard Long-Term Bond ETF (NYSEARCA:BLV) in the fourth quarter, HoldingsChannel reports. The institutional investor purchased 6,477 shares of the company’s stock, valued at approximately $443,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in BLV. Crews Bank & Trust bought a new position in Vanguard Long-Term Bond ETF during the 4th quarter valued at $26,000. Harbor Investment Advisory LLC boosted its stake in Vanguard Long-Term Bond ETF by 415.8% during the 4th quarter. Harbor Investment Advisory LLC now owns 521 shares of the company’s stock valued at $36,000 after purchasing an additional 420 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new position in Vanguard Long-Term Bond ETF during the 3rd quarter valued at $52,000. Pinnacle Bancorp Inc. boosted its stake in Vanguard Long-Term Bond ETF by 1,193.5% during the 4th quarter. Pinnacle Bancorp Inc. now owns 802 shares of the company’s stock valued at $55,000 after purchasing an additional 740 shares in the last quarter. Finally, Kestra Investment Management LLC bought a new position in Vanguard Long-Term Bond ETF during the 4th quarter valued at $134,000.

Vanguard Long-Term Bond ETF Price Performance

BLV opened at $71.56 on Friday. The business has a fifty day simple moving average of $68.88 and a 200-day simple moving average of $71.52. Vanguard Long-Term Bond ETF has a fifty-two week low of $66.64 and a fifty-two week high of $76.87.

Vanguard Long-Term Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd will be paid a dividend of $0.2695 per share. The ex-dividend date of this dividend is Monday, March 3rd.

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).