Vanguard Long-Term Bond ETF $BLV Shares Purchased by Platt Investment Counsel LLC

Platt Investment Counsel LLC boosted its holdings in shares of Vanguard Long-Term Bond ETF (NYSEARCA:BLV) by 40.7% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 138,449 shares of the company’s stock after buying an additional 40,018 shares during the period. Vanguard Long-Term Bond ETF accounts for 7.1% of Platt Investment Counsel LLC’s investment portfolio, making the stock its 6th largest holding. Platt Investment Counsel LLC’s holdings in Vanguard Long-Term Bond ETF were worth $9,625,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Evergreen Wealth Management LLC boosted its holdings in Vanguard Long-Term Bond ETF by 13.8% in the third quarter. Evergreen Wealth Management LLC now owns 146,354 shares of the company’s stock valued at $10,369,000 after purchasing an additional 17,697 shares during the period. Hershey Financial Advisers LLC purchased a new stake in Vanguard Long-Term Bond ETF during the 2nd quarter worth about $863,000. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors purchased a new stake in Vanguard Long-Term Bond ETF during the 3rd quarter worth about $5,560,000. B. Riley Wealth Advisors Inc. purchased a new stake in Vanguard Long-Term Bond ETF during the 2nd quarter worth about $1,903,000. Finally, 17 Capital Partners LLC purchased a new stake in Vanguard Long-Term Bond ETF during the 2nd quarter worth about $246,000.

Vanguard Long-Term Bond ETF Stock Down 1.9%

BLV stock opened at $67.93 on Friday. The business’s 50-day moving average is $70.05 and its two-hundred day moving average is $70.45. Vanguard Long-Term Bond ETF has a 1 year low of $65.71 and a 1 year high of $72.63.

Vanguard Long-Term Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were issued a $0.2511 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) annualized dividend and a yield of 4.4%.

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). The Index includes all medium and larger issues of the United States Government, investment-grade corporate, and investment-grade international dollar-denominated bonds that have maturities of greater than 10 years and are publicly issued.