Main Line Retirement Advisors LLC Sells 26,738 Shares of Vanguard Long-Term Bond ETF $BLV

Main Line Retirement Advisors LLC trimmed its position in Vanguard Long-Term Bond ETF (NYSEARCA:BLV) by 41.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 38,226 shares of the company’s stock after selling 26,738 shares during the quarter. Vanguard Long-Term Bond ETF comprises approximately 2.0% of Main Line Retirement Advisors LLC’s holdings, making the stock its 12th biggest position. Main Line Retirement Advisors LLC’s holdings in Vanguard Long-Term Bond ETF were worth $2,851,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Evergreen Wealth Management LLC raised its position in shares of Vanguard Long-Term Bond ETF by 13.8% during the 3rd 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 bought a new position in Vanguard Long-Term Bond ETF in the 2nd quarter worth $863,000. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors bought a new position in Vanguard Long-Term Bond ETF in the 3rd quarter worth $5,560,000. B. Riley Wealth Advisors Inc. purchased a new stake in Vanguard Long-Term Bond ETF in the 2nd quarter worth $1,903,000. Finally, Asset Allocation & Management Company LLC purchased a new stake in Vanguard Long-Term Bond ETF in the 4th quarter worth $713,000.

Vanguard Long-Term Bond ETF Price Performance

NYSEARCA:BLV opened at $68.88 on Friday. The business’s 50-day simple moving average is $69.77 and its two-hundred day simple moving average is $70.32. Vanguard Long-Term Bond ETF has a 52 week low of $65.71 and a 52 week high of $72.63.

Vanguard Long-Term Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were given a dividend of $0.2511 per share. The ex-dividend date was Monday, March 2nd. This represents a c) annualized dividend and a dividend 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.