Vanguard Long-Term Bond ETF (NYSEARCA:BLV) Reaches New 1-Year Low – Here’s What Happened

Vanguard Long-Term Bond ETF (NYSEARCA:BLV) shares reached a new 52-week low on Wednesday . The company traded as low as $66.16 and last traded at $66.30, with a volume of 555032 shares changing hands. The stock had previously closed at $67.09.

Vanguard Long-Term Bond ETF Stock Up 0.1%

The company has a 50 day moving average of $68.04 and a two-hundred day moving average of $68.90.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in BLV. DiPaolo Financial Group Inc. increased its holdings in Vanguard Long-Term Bond ETF by 5.4% in the 2nd quarter. DiPaolo Financial Group Inc. now owns 83,990 shares of the company’s stock worth $5,789,000 after acquiring an additional 4,273 shares in the last quarter. Platt Investment Counsel LLC grew its position in shares of Vanguard Long-Term Bond ETF by 1.8% in the second quarter. Platt Investment Counsel LLC now owns 164,964 shares of the company’s stock valued at $11,371,000 after purchasing an additional 2,880 shares during the period. Thurston Springer Miller Herd & Titak Inc. increased its stake in shares of Vanguard Long-Term Bond ETF by 9.7% during the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,717 shares of the company’s stock worth $187,000 after purchasing an additional 240 shares in the last quarter. First Heartland Consultants Inc. increased its stake in shares of Vanguard Long-Term Bond ETF by 1.1% during the second quarter. First Heartland Consultants Inc. now owns 57,796 shares of the company’s stock worth $3,984,000 after purchasing an additional 631 shares in the last quarter. Finally, Ryan Investment Management Inc. acquired a new position in shares of Vanguard Long-Term Bond ETF during the 2nd quarter worth about $12,777,000.

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.