Kovack Advisors Inc. Grows Holdings in Vanguard Long-Term Bond ETF (NYSEARCA:BLV)

Kovack Advisors Inc. increased its position in shares of Vanguard Long-Term Bond ETF (NYSEARCA:BLV) by 4.1% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 7,328 shares of the company’s stock after acquiring an additional 289 shares during the quarter. Kovack Advisors Inc.’s holdings in Vanguard Long-Term Bond ETF were worth $551,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Olistico Wealth LLC acquired a new position in Vanguard Long-Term Bond ETF during the 2nd quarter worth $29,000. Farmers & Merchants Investments Inc. increased its holdings in Vanguard Long-Term Bond ETF by 412.3% in the second quarter. Farmers & Merchants Investments Inc. now owns 789 shares of the company’s stock valued at $55,000 after buying an additional 635 shares during the last quarter. Anchor Investment Management LLC acquired a new stake in Vanguard Long-Term Bond ETF during the second quarter valued at approximately $55,000. Sugarloaf Wealth Management LLC lifted its holdings in Vanguard Long-Term Bond ETF by 38.8% during 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. Finally, International Assets Investment Management LLC acquired a new position in shares of Vanguard Long-Term Bond ETF in the 2nd quarter worth approximately $75,000.

Vanguard Long-Term Bond ETF Price Performance

Shares of NYSEARCA BLV opened at $70.25 on Friday. The firm’s 50-day moving average price is $73.40 and its two-hundred day moving average price is $72.18. Vanguard Long-Term Bond ETF has a 52-week low of $67.14 and a 52-week 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).