Bank of America Corp DE Grows Stake in Vanguard Long-Term Bond ETF $BLV

Bank of America Corp DE boosted its holdings in shares of Vanguard Long-Term Bond ETF (NYSEARCA:BLV) by 87.9% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,235,200 shares of the company’s stock after purchasing an additional 577,868 shares during the quarter. Bank of America Corp DE’s holdings in Vanguard Long-Term Bond ETF were worth $84,957,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in BLV. Sunbelt Securities Inc. boosted its stake in Vanguard Long-Term Bond ETF by 864.9% in the 3rd quarter. Sunbelt Securities Inc. now owns 357 shares of the company’s stock worth $25,000 after purchasing an additional 320 shares during the period. Sound Income Strategies LLC raised its position in shares of Vanguard Long-Term Bond ETF by 148.0% during the first quarter. Sound Income Strategies LLC now owns 372 shares of the company’s stock valued at $25,000 after buying an additional 222 shares during the last quarter. Franklin Resources Inc. bought a new stake in shares of Vanguard Long-Term Bond ETF during the second quarter valued at approximately $33,000. Key Financial Inc raised its position in shares of Vanguard Long-Term Bond ETF by 114.0% during the fourth quarter. Key Financial Inc now owns 473 shares of the company’s stock valued at $33,000 after buying an additional 252 shares during the last quarter. Finally, NBT Bank N A NY purchased a new position in shares of Vanguard Long-Term Bond ETF in the fourth quarter worth $36,000.

Vanguard Long-Term Bond ETF Stock Performance

Shares of NYSEARCA:BLV opened at $66.35 on Friday. The firm has a fifty day moving average price of $67.80 and a 200 day moving average price of $68.75. Vanguard Long-Term Bond ETF has a fifty-two week low of $65.72 and a fifty-two week high of $72.63.

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.