NewEdge Advisors LLC Has $17.56 Million Stock Position in Vanguard Long-Term Bond ETF $BLV

NewEdge Advisors LLC boosted its position in shares of Vanguard Long-Term Bond ETF (NYSEARCA:BLV) by 34.6% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 254,760 shares of the company’s stock after purchasing an additional 65,517 shares during the quarter. NewEdge Advisors LLC owned about 0.29% of Vanguard Long-Term Bond ETF worth $17,561,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in the business. Franklin Resources Inc. acquired a new stake in shares of Vanguard Long-Term Bond ETF during the 2nd quarter worth approximately $33,000. Darwin Wealth Management LLC acquired a new position in Vanguard Long-Term Bond ETF in the second quarter valued at approximately $572,000. Financial Advisors Network Inc. lifted its holdings in Vanguard Long-Term Bond ETF by 5.4% in the second quarter. Financial Advisors Network Inc. now owns 8,077 shares of the company’s stock valued at $562,000 after buying an additional 417 shares during the period. EP Wealth Advisors LLC acquired a new position in Vanguard Long-Term Bond ETF in the second quarter valued at approximately $256,000. Finally, Redwood Investment Management LLC boosted its stake in Vanguard Long-Term Bond ETF by 6.6% in the second quarter. Redwood Investment Management LLC now owns 4,719 shares of the company’s stock valued at $328,000 after acquiring an additional 291 shares during the last quarter.

Vanguard Long-Term Bond ETF Stock Down 1.2%

Shares of BLV stock opened at $64.83 on Friday. The firm’s 50 day moving average price is $66.48 and its two-hundred day moving average price is $68.03. Vanguard Long-Term Bond ETF has a 52-week low of $64.76 and a 52-week high of $72.63.

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.