Raymond James Financial Inc. Takes Position in Vanguard Long-Term Bond ETF (NYSEARCA:BLV)

Raymond James Financial Inc. bought a new stake in shares of Vanguard Long-Term Bond ETF (NYSEARCA:BLV) during the 4th quarter, HoldingsChannel.com reports. The firm bought 256,445 shares of the company’s stock, valued at approximately $17,549,000.

Other large investors also recently added to or reduced their stakes in the company. Crews Bank & Trust acquired a new stake in Vanguard Long-Term Bond ETF during the 4th quarter valued at $26,000. Harbor Investment Advisory LLC raised 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 during the period. Wilmington Savings Fund Society FSB acquired a new stake in Vanguard Long-Term Bond ETF during the 3rd quarter valued at $52,000. Pinnacle Bancorp Inc. raised 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 during the period. Finally, Richard W. Paul & Associates LLC raised its stake in Vanguard Long-Term Bond ETF by 13.7% during the 4th quarter. Richard W. Paul & Associates LLC now owns 1,364 shares of the company’s stock valued at $93,000 after purchasing an additional 164 shares during the period.

Vanguard Long-Term Bond ETF Price Performance

Shares of NYSEARCA:BLV opened at $70.20 on Tuesday. The company’s fifty day moving average is $69.28 and its two-hundred day moving average is $71.16. Vanguard Long-Term Bond ETF has a 12-month low of $66.65 and a 12-month high of $76.87.

Vanguard Long-Term Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd were paid a $0.2695 dividend. The ex-dividend date was 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).