Allworth Financial LP Buys 1,480 Shares of Vanguard Long-Term Bond ETF (NYSEARCA:BLV)

Allworth Financial LP boosted its stake in shares of Vanguard Long-Term Bond ETF (NYSEARCA:BLV) by 106.6% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 2,868 shares of the company’s stock after purchasing an additional 1,480 shares during the period. Allworth Financial LP’s holdings in Vanguard Long-Term Bond ETF were worth $197,000 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 the stock. Principal Securities Inc. lifted its holdings in Vanguard Long-Term Bond ETF by 17.8% during the 4th quarter. Principal Securities Inc. now owns 13,779 shares of the company’s stock valued at $943,000 after buying an additional 2,087 shares in the last quarter. Stonebridge Financial Group LLC bought a new stake in Vanguard Long-Term Bond ETF during the 4th quarter valued at about $416,000. Focus Financial Network Inc. lifted its holdings in Vanguard Long-Term Bond ETF by 1.3% during the 4th quarter. Focus Financial Network Inc. now owns 34,570 shares of the company’s stock valued at $2,366,000 after buying an additional 431 shares in the last quarter. Global Wealth Management Investment Advisory Inc. lifted its holdings in Vanguard Long-Term Bond ETF by 4.0% during the 4th quarter. Global Wealth Management Investment Advisory Inc. now owns 13,322 shares of the company’s stock valued at $912,000 after buying an additional 517 shares in the last quarter. Finally, Soltis Investment Advisors LLC increased its position in Vanguard Long-Term Bond ETF by 5.2% during the 4th quarter. Soltis Investment Advisors LLC now owns 7,454 shares of the company’s stock valued at $510,000 after purchasing an additional 368 shares during the period.

Vanguard Long-Term Bond ETF Price Performance

NYSEARCA BLV opened at $69.84 on Friday. The company’s 50-day simple moving average is $68.75 and its two-hundred day simple moving average is $71.59. Vanguard Long-Term Bond ETF has a one year low of $66.64 and a one year high of $76.87.

Vanguard Long-Term Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Wednesday, February 5th. Shareholders 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.

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).