Principal Financial Group Inc. Decreases Stock Position in Vanguard Long-Term Bond ETF $BLV

Principal Financial Group Inc. decreased its stake in shares of Vanguard Long-Term Bond ETF (NYSEARCA:BLV) by 4.0% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 309,382 shares of the company’s stock after selling 12,787 shares during the quarter. Principal Financial Group Inc.’s holdings in Vanguard Long-Term Bond ETF were worth $21,279,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of BLV. Sunbelt Securities Inc. grew its position in shares of 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 buying an additional 320 shares in the last quarter. Sound Income Strategies LLC raised 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 valued at $25,000 after acquiring an additional 222 shares in the last quarter. Franklin Resources Inc. purchased a new position in Vanguard Long-Term Bond ETF in the second quarter worth approximately $33,000. Key Financial Inc lifted 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 worth $33,000 after acquiring an additional 252 shares during the last quarter. Finally, NBT Bank N A NY purchased a new position in Vanguard Long-Term Bond ETF in the fourth quarter worth approximately $36,000.

Vanguard Long-Term Bond ETF Price Performance

Shares of NYSEARCA:BLV opened at $66.86 on Wednesday. Vanguard Long-Term Bond ETF has a 52 week low of $66.49 and a 52 week high of $72.63. The company’s 50 day moving average is $68.16 and its two-hundred day moving average is $69.05.

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.