Traders Buy Shares of Vanguard Long-Term Bond ETF (BLV) on Weakness
Investors purchased shares of Vanguard Long-Term Bond ETF (NYSEARCA:BLV) on weakness during trading hours on Tuesday. $63.01 million flowed into the stock on the tick-up and $18.70 million flowed out of the stock on the tick-down, for a money net flow of $44.31 million into the stock. Of all companies tracked, Vanguard Long-Term Bond ETF had the 11th highest net in-flow for the day. Vanguard Long-Term Bond ETF traded down ($0.61) for the day and closed at $90.96
The business also recently announced a monthly dividend, which was paid on Tuesday, February 6th. Shareholders of record on Friday, February 2nd were given a $0.2772 dividend. The ex-dividend date of this dividend was Thursday, February 1st. This represents a $3.33 dividend on an annualized basis and a yield of 3.70%.
Hedge funds and other institutional investors have recently bought and sold shares of the business. Koshinski Asset Management Inc. acquired a new position in Vanguard Long-Term Bond ETF in the fourth quarter valued at about $243,000. AE Wealth Management LLC acquired a new stake in shares of Vanguard Long-Term Bond ETF during the fourth quarter worth about $275,000. Creative Planning lifted its position in shares of Vanguard Long-Term Bond ETF by 15.3% during the fourth quarter. Creative Planning now owns 4,925 shares of the company’s stock worth $468,000 after purchasing an additional 655 shares in the last quarter. Capital Investment Advisors LLC acquired a new stake in shares of Vanguard Long-Term Bond ETF during the fourth quarter worth about $497,000. Finally, Moneywise Inc. lifted its position in shares of Vanguard Long-Term Bond ETF by 304.1% during the fourth quarter. Moneywise Inc. now owns 12,405 shares of the company’s stock worth $1,179,000 after purchasing an additional 9,335 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).
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