Exchange Traded Concepts LLC Raises Stock Holdings in Vanguard Long-Term Bond ETF $BLV

Exchange Traded Concepts LLC grew its stake in Vanguard Long-Term Bond ETF (NYSEARCA:BLV) by 58.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,659,604 shares of the company’s stock after buying an additional 614,246 shares during the period. Vanguard Long-Term Bond ETF makes up about 0.9% of Exchange Traded Concepts LLC’s holdings, making the stock its 15th biggest holding. Exchange Traded Concepts LLC owned 1.96% of Vanguard Long-Term Bond ETF worth $115,376,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Twin City Private Wealth LLC lifted its holdings in shares of Vanguard Long-Term Bond ETF by 6.5% during the 3rd quarter. Twin City Private Wealth LLC now owns 2,481 shares of the company’s stock worth $176,000 after acquiring an additional 152 shares during the last quarter. Kovack Advisors Inc. increased its stake in Vanguard Long-Term Bond ETF by 2.0% in the third quarter. Kovack Advisors Inc. now owns 8,316 shares of the company’s stock valued at $589,000 after acquiring an additional 165 shares during the last quarter. Long Run Wealth Advisors LLC increased its stake in Vanguard Long-Term Bond ETF by 3.8% in the third quarter. Long Run Wealth Advisors LLC now owns 4,593 shares of the company’s stock valued at $325,000 after acquiring an additional 167 shares during the last quarter. Absolute Capital Management LLC raised its position in Vanguard Long-Term Bond ETF by 1.9% during the third quarter. Absolute Capital Management LLC now owns 9,280 shares of the company’s stock valued at $657,000 after purchasing an additional 176 shares in the last quarter. Finally, CGN Advisors LLC raised its position in Vanguard Long-Term Bond ETF by 4.3% during the fourth quarter. CGN Advisors LLC now owns 4,507 shares of the company’s stock valued at $313,000 after purchasing an additional 184 shares in the last quarter.

Vanguard Long-Term Bond ETF Stock Down 0.6%

Shares of BLV stock opened at $67.78 on Friday. The business has a 50-day moving average price of $69.87 and a two-hundred day moving average price of $70.40. Vanguard Long-Term Bond ETF has a 12-month low of $65.71 and a 12-month high of $72.63.

Vanguard Long-Term Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were paid a $0.2511 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) annualized dividend and a yield of 4.4%.

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.