Vanguard Long-Term Bond ETF (NYSEARCA:BLV) Hits New 1-Year Low – Here’s Why

Shares of Vanguard Long-Term Bond ETF (NYSEARCA:BLV) reached a new 52-week low during trading on Thursday . The company traded as low as $66.26 and last traded at $66.31, with a volume of 54474 shares trading hands. The stock had previously closed at $66.67.

Vanguard Long-Term Bond ETF Stock Down 0.5%

The stock’s 50 day simple moving average is $68.14 and its two-hundred day simple moving average is $69.03.

Hedge Funds Weigh In On Vanguard Long-Term Bond ETF

A number of institutional investors have recently added to or reduced their stakes in BLV. HT Partners LLC increased its stake in Vanguard Long-Term Bond ETF by 0.7% in the fourth quarter. HT Partners LLC now owns 22,768 shares of the company’s stock valued at $1,583,000 after purchasing an additional 149 shares during the last quarter. Jim Saulnier & Associates LLC lifted its position in shares of Vanguard Long-Term Bond ETF by 2.8% during the 1st quarter. Jim Saulnier & Associates LLC now owns 6,222 shares of the company’s stock worth $428,000 after buying an additional 172 shares during the last quarter. Cornerstone Planning Group LLC lifted its position in shares of Vanguard Long-Term Bond ETF by 3.8% during the 1st quarter. Cornerstone Planning Group LLC now owns 4,751 shares of the company’s stock worth $324,000 after buying an additional 172 shares during the last quarter. Allworth Financial LP boosted its holdings in shares of Vanguard Long-Term Bond ETF by 7.7% in the 4th quarter. Allworth Financial LP now owns 2,547 shares of the company’s stock valued at $177,000 after buying an additional 182 shares in the last quarter. Finally, United Advisor Group LLC boosted its holdings in shares of Vanguard Long-Term Bond ETF by 6.6% in the 4th quarter. United Advisor Group LLC now owns 3,013 shares of the company’s stock valued at $209,000 after buying an additional 186 shares in the last quarter.

Vanguard Long-Term Bond ETF Company 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.