Vanguard Long-Term Bond ETF (NYSEARCA:BLV) Hits New 12-Month Low – What’s Next?

Vanguard Long-Term Bond ETF (NYSEARCA:BLV)’s share price reached a new 52-week low during mid-day trading on Thursday . The company traded as low as $66.26 and last traded at $66.31, with a volume of 54474 shares trading hands. The stock had previously closed at $66.67.

Vanguard Long-Term Bond ETF Trading Up 0.1%

The stock’s 50-day simple moving average is $68.09 and its two-hundred day simple moving average is $68.99.

Institutional Trading of Vanguard Long-Term Bond ETF

A number of institutional investors and hedge funds have recently modified their holdings of BLV. Milestone Asset Management LLC acquired a new stake in Vanguard Long-Term Bond ETF in the 4th quarter valued at about $851,000. Exchange Traded Concepts LLC boosted its position in shares of Vanguard Long-Term Bond ETF by 58.8% during the 4th quarter. Exchange Traded Concepts LLC now owns 1,659,604 shares of the company’s stock valued at $115,376,000 after acquiring an additional 614,246 shares during the last quarter. Fifth Third Bancorp boosted its position in shares of Vanguard Long-Term Bond ETF by 12,958.0% during the 1st quarter. Fifth Third Bancorp now owns 35,779 shares of the company’s stock valued at $2,461,000 after acquiring an additional 35,505 shares during the last quarter. Country Trust Bank grew its holdings in shares of Vanguard Long-Term Bond ETF by 98.4% in the fourth quarter. Country Trust Bank now owns 700,677 shares of the company’s stock valued at $48,711,000 after purchasing an additional 347,564 shares during the period. Finally, Farther Finance Advisors LLC increased its position in Vanguard Long-Term Bond ETF by 11.3% during the fourth quarter. Farther Finance Advisors LLC now owns 77,964 shares of the company’s stock worth $5,420,000 after purchasing an additional 7,899 shares during the last quarter.

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.