Ryan Investment Management Inc. Invests $12.78 Million in Vanguard Long-Term Bond ETF $BLV

Ryan Investment Management Inc. acquired a new stake in Vanguard Long-Term Bond ETF (NYSEARCA:BLV) in the 2nd quarter, Holdings Channel reports. The firm acquired 185,362 shares of the company’s stock, valued at approximately $12,777,000. Vanguard Long-Term Bond ETF comprises approximately 5.8% of Ryan Investment Management Inc.’s investment portfolio, making the stock its 6th biggest holding.

Other hedge funds also recently modified their holdings of the company. Sunbelt Securities Inc. boosted its stake in Vanguard Long-Term Bond ETF by 864.9% during the third quarter. Sunbelt Securities Inc. now owns 357 shares of the company’s stock worth $25,000 after acquiring an additional 320 shares in the last quarter. Sound Income Strategies LLC grew its holdings in Vanguard Long-Term Bond ETF by 148.0% in the first quarter. Sound Income Strategies LLC now owns 372 shares of the company’s stock worth $25,000 after purchasing an additional 222 shares during the period. Franklin Resources Inc. bought a new stake in Vanguard Long-Term Bond ETF in the second quarter valued at $33,000. Key Financial Inc increased its stake in Vanguard Long-Term Bond ETF by 114.0% in the fourth quarter. Key Financial Inc now owns 473 shares of the company’s stock valued at $33,000 after purchasing an additional 252 shares in the last quarter. Finally, NBT Bank N A NY bought a new stake in Vanguard Long-Term Bond ETF in the fourth quarter valued at $36,000.

Vanguard Long-Term Bond ETF Trading Down 0.5%

Shares of NYSEARCA BLV opened at $66.21 on Friday. The firm’s 50-day moving average price is $67.84 and its 200-day moving average price is $68.76. Vanguard Long-Term Bond ETF has a 1-year low of $65.72 and a 1-year high of $72.63.

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.