Vanguard Long-Term Bond ETF (BLV) to Issue Monthly Dividend of $0.25 on March 4th

Vanguard Long-Term Bond ETF (NYSEARCA:BLV) announced a monthly dividend on Friday, January 9th. Shareholders of record on Monday, March 2nd will be given a dividend of 0.2511 per share on Wednesday, March 4th. This represents a c) annualized dividend and a yield of 4.2%. The ex-dividend date is Monday, March 2nd.

Vanguard Long-Term Bond ETF Stock Performance

Shares of BLV stock traded up $0.20 during mid-day trading on Friday, reaching $71.53. The company’s stock had a trading volume of 593,947 shares, compared to its average volume of 836,650. The company’s 50 day simple moving average is $70.12 and its 200-day simple moving average is $70.40. Vanguard Long-Term Bond ETF has a 12-month low of $65.71 and a 12-month high of $72.63.

Institutional Investors Weigh In On Vanguard Long-Term Bond ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. Sunbelt Securities Inc. raised its holdings in shares of Vanguard Long-Term Bond ETF by 864.9% during the 3rd quarter. Sunbelt Securities Inc. now owns 357 shares of the company’s stock valued at $25,000 after buying an additional 320 shares during the period. Colonial Trust Co SC acquired a new stake in Vanguard Long-Term Bond ETF in the third quarter valued at approximately $31,000. Caitlin John LLC purchased a new stake in shares of Vanguard Long-Term Bond ETF during the third quarter valued at approximately $31,000. Mather Group LLC. acquired a new position in shares of Vanguard Long-Term Bond ETF during the third quarter worth $33,000. Finally, Key Financial Inc lifted 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 worth $33,000 after purchasing an additional 252 shares in the last quarter.

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). 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.