Penserra Capital Management LLC Trims Stake in Vanguard Long-Term Bond ETF $BLV

Penserra Capital Management LLC lowered its position in Vanguard Long-Term Bond ETF (NYSEARCA:BLV) by 51.1% in the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 158,634 shares of the company’s stock after selling 165,660 shares during the period. Penserra Capital Management LLC’s holdings in Vanguard Long-Term Bond ETF were worth $11,239,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in BLV. Valmark Advisers Inc. grew its position in shares of Vanguard Long-Term Bond ETF by 3.8% in the 2nd quarter. Valmark Advisers Inc. now owns 44,146 shares of the company’s stock worth $3,070,000 after buying an additional 1,618 shares during the period. H&H Retirement Design & Management INC grew its stake in shares of Vanguard Long-Term Bond ETF by 11.5% in the second quarter. H&H Retirement Design & Management INC now owns 109,019 shares of the company’s stock worth $7,441,000 after acquiring an additional 11,240 shares during the last quarter. Leo Wealth LLC bought a new position in shares of Vanguard Long-Term Bond ETF during the second quarter valued at $330,000. Blair William & Co. IL purchased a new position in shares of Vanguard Long-Term Bond ETF in the 2nd quarter worth about $77,000. Finally, Stonebridge Financial Group LLC boosted its stake in Vanguard Long-Term Bond ETF by 14.4% in the 2nd quarter. Stonebridge Financial Group LLC now owns 5,434 shares of the company’s stock worth $378,000 after purchasing an additional 682 shares in the last quarter.

Vanguard Long-Term Bond ETF Stock Performance

NYSEARCA:BLV opened at $69.17 on Thursday. Vanguard Long-Term Bond ETF has a fifty-two week low of $65.71 and a fifty-two week high of $72.63. The firm has a 50-day simple moving average of $69.91 and a two-hundred day simple moving average of $70.20.

Vanguard Long-Term Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, February 4th. Stockholders of record on Monday, February 2nd were paid a $0.2775 dividend. The ex-dividend date was Monday, February 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 4.8%.

Vanguard Long-Term Bond ETF 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.