Charles Schwab Investment Management Inc. Cuts Stock Holdings in Vanguard Long-Term Bond ETF (NYSEARCA:BLV)

Charles Schwab Investment Management Inc. lessened its holdings in Vanguard Long-Term Bond ETF (NYSEARCA:BLV) by 8.9% during the fourth quarter, HoldingsChannel.com reports. The fund owned 468,455 shares of the company’s stock after selling 45,560 shares during the quarter. Charles Schwab Investment Management Inc.’s holdings in Vanguard Long-Term Bond ETF were worth $32,056,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Crews Bank & Trust purchased a new position in shares of Vanguard Long-Term Bond ETF in the 4th quarter valued at $26,000. Harbor Investment Advisory LLC grew its holdings 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 acquired a new stake in Vanguard Long-Term Bond ETF during the 3rd quarter valued at $52,000. Pinnacle Bancorp Inc. grew its holdings 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, Richard W. Paul & Associates LLC grew its holdings 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 in the last quarter.

Vanguard Long-Term Bond ETF Stock Down 0.2 %

BLV opened at $69.96 on Monday. The company has a fifty day simple moving average of $69.24 and a 200 day simple moving average of $71.19. Vanguard Long-Term Bond ETF has a twelve month low of $66.65 and a twelve month high of $76.87.

Vanguard Long-Term Bond ETF Cuts Dividend

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