Betterment LLC boosted its position in Vanguard Long-Term Bond ETF (NYSEARCA:BLV) by 16.8% in the 4th quarter, HoldingsChannel.com reports. The fund owned 17,991 shares of the company’s stock after purchasing an additional 2,582 shares during the period. Betterment LLC’s holdings in Vanguard Long-Term Bond ETF were worth $1,574,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Beacon Capital Management Inc. grew its stake in Vanguard Long-Term Bond ETF by 828.2% in the 4th quarter. Beacon Capital Management Inc. now owns 6,347,567 shares of the company’s stock worth $555,476,000 after acquiring an additional 5,663,709 shares during the period. LPL Financial LLC grew its stake in Vanguard Long-Term Bond ETF by 1.2% in the 3rd quarter. LPL Financial LLC now owns 881,826 shares of the company’s stock worth $77,098,000 after acquiring an additional 10,884 shares during the period. Bank of New York Mellon Corp grew its stake in shares of Vanguard Long-Term Bond ETF by 7.7% during the 3rd quarter. Bank of New York Mellon Corp now owns 466,554 shares of the company’s stock valued at $40,791,000 after buying an additional 33,462 shares during the period. Lincoln National Corp grew its stake in shares of Vanguard Long-Term Bond ETF by 2.8% during the 3rd quarter. Lincoln National Corp now owns 268,292 shares of the company’s stock valued at $23,457,000 after buying an additional 7,268 shares during the period. Finally, Morgan Stanley grew its stake in shares of Vanguard Long-Term Bond ETF by 5.3% during the 3rd quarter. Morgan Stanley now owns 192,804 shares of the company’s stock valued at $16,857,000 after buying an additional 9,710 shares during the period.

Shares of NYSEARCA BLV opened at $89.04 on Friday. Vanguard Long-Term Bond ETF has a 52-week low of $83.46 and a 52-week high of $91.34.

The business also recently disclosed a monthly dividend, which was paid on Wednesday, February 6th. Stockholders of record on Monday, February 4th were paid a dividend of $0.2851 per share. The ex-dividend date of this dividend was Friday, February 1st. This is a boost from Vanguard Long-Term Bond ETF’s previous monthly dividend of $0.26. This represents a $3.42 annualized dividend and a dividend yield of 3.84%.

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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).

Further Reading: Certificate of Deposit (CD) For Risk Adverse Investors?

Want to see what other hedge funds are holding BLV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vanguard Long-Term Bond ETF (NYSEARCA:BLV).

Institutional Ownership by Quarter for Vanguard Long-Term Bond ETF (NYSEARCA:BLV)

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