Absolute Capital Management LLC Raises Stake in Vanguard Long-Term Bond ETF (NYSEARCA:BLV)

Absolute Capital Management LLC boosted its holdings in shares of Vanguard Long-Term Bond ETF (NYSEARCA:BLV) by 20.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,466 shares of the company’s stock after acquiring an additional 1,082 shares during the period. Absolute Capital Management LLC’s holdings in Vanguard Long-Term Bond ETF were worth $444,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of BLV. Wealthfront Advisers LLC lifted its position in Vanguard Long-Term Bond ETF by 53,050.0% during the 4th quarter. Wealthfront Advisers LLC now owns 30,364,600 shares of the company’s stock valued at $2,077,850,000 after acquiring an additional 30,307,470 shares during the period. Raymond James Financial Inc. purchased a new position in Vanguard Long-Term Bond ETF during the 4th quarter valued at about $17,549,000. Lincoln National Corp lifted its position in Vanguard Long-Term Bond ETF by 8.8% during the 4th quarter. Lincoln National Corp now owns 2,314,977 shares of the company’s stock valued at $158,414,000 after acquiring an additional 187,224 shares during the period. LPL Financial LLC raised its holdings in Vanguard Long-Term Bond ETF by 6.9% in the third quarter. LPL Financial LLC now owns 2,534,316 shares of the company’s stock worth $190,505,000 after buying an additional 163,370 shares during the last quarter. Finally, Truist Financial Corp raised its holdings in Vanguard Long-Term Bond ETF by 74.1% in the fourth quarter. Truist Financial Corp now owns 297,444 shares of the company’s stock worth $20,354,000 after buying an additional 126,612 shares during the last quarter.

Vanguard Long-Term Bond ETF Stock Down 0.1 %

Shares of Vanguard Long-Term Bond ETF stock opened at $70.70 on Friday. Vanguard Long-Term Bond ETF has a 52-week low of $66.65 and a 52-week high of $76.87. The company has a 50-day simple moving average of $69.47 and a two-hundred day simple moving average of $71.13.

Vanguard Long-Term Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were issued a $0.2695 dividend. 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).