Sterling Financial Group Inc. Raises Position in Vanguard Long-Term Bond ETF (NYSEARCA:BLV)

Sterling Financial Group Inc. increased its stake in Vanguard Long-Term Bond ETF (NYSEARCA:BLV) by 0.2% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 243,788 shares of the company’s stock after purchasing an additional 430 shares during the quarter. Vanguard Long-Term Bond ETF comprises about 7.8% of Sterling Financial Group Inc.’s holdings, making the stock its 4th largest position. Sterling Financial Group Inc. owned 0.31% of Vanguard Long-Term Bond ETF worth $18,326,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Olistico Wealth LLC bought a new stake in Vanguard Long-Term Bond ETF during the second quarter valued at $29,000. Palisade Asset Management LLC purchased a new stake in Vanguard Long-Term Bond ETF in the first quarter valued at approximately $33,000. Farmers & Merchants Investments Inc. lifted its position in Vanguard Long-Term Bond ETF by 412.3% during the second quarter. Farmers & Merchants Investments Inc. now owns 789 shares of the company’s stock valued at $55,000 after purchasing an additional 635 shares during the last quarter. Anchor Investment Management LLC purchased a new position in Vanguard Long-Term Bond ETF in the 2nd quarter worth approximately $55,000. Finally, Sugarloaf Wealth Management LLC increased its holdings in shares of Vanguard Long-Term Bond ETF by 38.8% in the 2nd quarter. Sugarloaf Wealth Management LLC now owns 819 shares of the company’s stock worth $58,000 after buying an additional 229 shares during the last quarter.

Vanguard Long-Term Bond ETF Stock Down 0.5 %

BLV traded down $0.33 during trading on Wednesday, reaching $71.18. The stock had a trading volume of 85,158 shares, compared to its average volume of 740,888. The business has a 50-day moving average of $74.46 and a 200-day moving average of $71.96. Vanguard Long-Term Bond ETF has a one year low of $63.50 and a one year high of $76.87.

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).