Vanguard Long-Term Bond ETF $BLV Stake Lessened by ETF Portfolio Partners Inc.

ETF Portfolio Partners Inc. reduced its stake in shares of Vanguard Long-Term Bond ETF (NYSEARCA:BLV) by 19.6% during the 3rd quarter, Holdings Channel.com reports. The fund owned 230,569 shares of the company’s stock after selling 56,101 shares during the quarter. Vanguard Long-Term Bond ETF comprises about 3.6% of ETF Portfolio Partners Inc.’s portfolio, making the stock its 10th biggest position. ETF Portfolio Partners Inc.’s holdings in Vanguard Long-Term Bond ETF were worth $14,464,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Bank of America Corp DE raised its stake in shares of Vanguard Long-Term Bond ETF by 87.9% during the first quarter. Bank of America Corp DE now owns 1,235,200 shares of the company’s stock worth $84,957,000 after purchasing an additional 577,868 shares during the last quarter. Concurrent Investment Advisors LLC boosted its stake in shares of Vanguard Long-Term Bond ETF by 482.1% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 321,333 shares of the company’s stock worth $22,150,000 after acquiring an additional 266,129 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in Vanguard Long-Term Bond ETF by 1.6% during the second quarter. Envestnet Asset Management Inc. now owns 13,866,536 shares of the company’s stock worth $955,820,000 after purchasing an additional 220,714 shares in the last quarter. Ryan Investment Management Inc. purchased a new position in Vanguard Long-Term Bond ETF during the 2nd quarter valued at about $12,777,000. Finally, Vertrix Wealth Management LLC acquired a new position in shares of Vanguard Long-Term Bond ETF during the 1st quarter worth approximately $11,157,000.

Vanguard Long-Term Bond ETF Price Performance

Shares of BLV opened at $64.87 on Friday. Vanguard Long-Term Bond ETF has a 1 year low of $61.78 and a 1 year high of $72.63. The company’s 50 day simple moving average is $64.67 and its 200 day simple moving average is $66.83.

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.