Flagstar Advisors Inc. Buys 13,333 Shares of Vanguard Long-Term Bond ETF (NYSEARCA:BLV)

Flagstar Advisors Inc. grew its stake in shares of Vanguard Long-Term Bond ETF (NYSEARCA:BLV) by 45.5% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 42,615 shares of the company’s stock after acquiring an additional 13,333 shares during the quarter. Vanguard Long-Term Bond ETF comprises approximately 1.0% of Flagstar Advisors Inc.’s investment portfolio, making the stock its 28th largest position. Flagstar Advisors Inc.’s holdings in Vanguard Long-Term Bond ETF were worth $3,178,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in BLV. Provence Wealth Management Group acquired a new stake in shares of Vanguard Long-Term Bond ETF during the third quarter worth about $25,000. Sugarloaf Wealth Management LLC acquired a new stake in shares of Vanguard Long-Term Bond ETF during the fourth quarter worth about $25,000. GHP Investment Advisors Inc. acquired a new stake in shares of Vanguard Long-Term Bond ETF during the fourth quarter worth about $29,000. Whittier Trust Co. acquired a new stake in shares of Vanguard Long-Term Bond ETF during the fourth quarter worth about $30,000. Finally, Sound Income Strategies LLC acquired a new stake in shares of Vanguard Long-Term Bond ETF during the fourth quarter worth about $36,000.

Vanguard Long-Term Bond ETF Trading Down 0.0 %

Shares of NYSEARCA BLV traded down $0.03 during mid-day trading on Friday, reaching $72.33. 760,857 shares of the company’s stock were exchanged, compared to its average volume of 1,126,298. The business has a fifty day simple moving average of $71.88 and a 200 day simple moving average of $70.25. Vanguard Long-Term Bond ETF has a twelve month low of $62.95 and a twelve month high of $77.99.

About Vanguard Long-Term Bond ETF

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).