Thrivent Financial for Lutherans Lowers Stock Holdings in Vanguard Long-Term Bond ETF $BLV

Thrivent Financial for Lutherans cut its holdings in shares of Vanguard Long-Term Bond ETF (NYSEARCA:BLV) by 76.8% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 30,730 shares of the company’s stock after selling 101,878 shares during the quarter. Thrivent Financial for Lutherans’ holdings in Vanguard Long-Term Bond ETF were worth $2,177,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in BLV. Envestnet Asset Management Inc. grew its holdings in Vanguard Long-Term Bond ETF by 5.8% in the 2nd quarter. Envestnet Asset Management Inc. now owns 10,051,576 shares of the company’s stock valued at $698,987,000 after buying an additional 552,528 shares during the period. Lincoln National Corp lifted its holdings in shares of Vanguard Long-Term Bond ETF by 0.9% during the 2nd quarter. Lincoln National Corp now owns 2,402,802 shares of the company’s stock worth $167,091,000 after acquiring an additional 22,024 shares during the period. Envestnet Portfolio Solutions Inc. boosted its position in shares of Vanguard Long-Term Bond ETF by 0.8% in the third quarter. Envestnet Portfolio Solutions Inc. now owns 2,272,973 shares of the company’s stock worth $161,040,000 after acquiring an additional 17,494 shares during the last quarter. Beacon Capital Management Inc. boosted its position in shares of Vanguard Long-Term Bond ETF by 83.6% in the third quarter. Beacon Capital Management Inc. now owns 1,119,393 shares of the company’s stock worth $79,309,000 after acquiring an additional 509,835 shares during the last quarter. Finally, Exchange Traded Concepts LLC grew its holdings in Vanguard Long-Term Bond ETF by 40.7% in the third quarter. Exchange Traded Concepts LLC now owns 1,045,358 shares of the company’s stock valued at $74,064,000 after purchasing an additional 302,652 shares during the period.

Vanguard Long-Term Bond ETF Stock Up 0.7%

Shares of BLV stock opened at $70.28 on Wednesday. Vanguard Long-Term Bond ETF has a one year low of $65.71 and a one year high of $72.63. The company has a 50 day moving average price of $69.83 and a 200 day moving average price of $70.25.

Vanguard Long-Term Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, February 4th. Stockholders of record on Monday, February 2nd were issued a dividend of $0.2775 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.7%. The ex-dividend date was Monday, February 2nd.

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.