Ryan Investment Management Inc. Has $11.53 Million Position in Vanguard Long-Term Bond ETF $BLV

Ryan Investment Management Inc. raised its holdings in Vanguard Long-Term Bond ETF (NYSEARCA:BLV) by 7.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 165,842 shares of the company’s stock after purchasing an additional 11,468 shares during the period. Vanguard Long-Term Bond ETF accounts for about 6.4% of Ryan Investment Management Inc.’s holdings, making the stock its 5th biggest position. Ryan Investment Management Inc. owned 0.20% of Vanguard Long-Term Bond ETF worth $11,529,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the stock. Sunbelt Securities Inc. lifted its holdings in Vanguard Long-Term Bond ETF by 864.9% during the 3rd quarter. Sunbelt Securities Inc. now owns 357 shares of the company’s stock worth $25,000 after purchasing an additional 320 shares in the last quarter. Colonial Trust Co SC purchased a new position in Vanguard Long-Term Bond ETF during the 3rd quarter valued at about $31,000. Caitlin John LLC purchased a new position in Vanguard Long-Term Bond ETF during the 3rd quarter valued at about $31,000. Mather Group LLC. bought a new stake in shares of Vanguard Long-Term Bond ETF during the third quarter valued at about $33,000. Finally, Franklin Resources Inc. purchased a new stake in shares of Vanguard Long-Term Bond ETF in the second quarter worth about $33,000.

Vanguard Long-Term Bond ETF Stock Performance

BLV stock opened at $68.25 on Wednesday. The firm has a 50 day moving average of $69.99 and a 200-day moving average of $70.45. Vanguard Long-Term Bond ETF has a 12 month low of $65.71 and a 12 month high of $72.63.

Vanguard Long-Term Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were paid a $0.2511 dividend. The ex-dividend date was Monday, March 2nd. This represents a c) annualized dividend and a yield of 4.4%.

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.