Beacon Harbor Wealth Advisors Inc. Makes New $4.89 Million Investment in Vanguard Long-Term Bond ETF (NYSEARCA:BLV)

Beacon Harbor Wealth Advisors Inc. bought a new position in Vanguard Long-Term Bond ETF (NYSEARCA:BLV) in the 4th quarter, HoldingsChannel reports. The institutional investor bought 71,426 shares of the company’s stock, valued at approximately $4,888,000.

Several other large investors have also added to or reduced their stakes in BLV. Crews Bank & Trust bought a new stake in shares of Vanguard Long-Term Bond ETF during the 4th quarter valued at about $26,000. Harbor Investment Advisory LLC boosted its position in shares of Vanguard Long-Term Bond ETF by 415.8% during the 4th quarter. Harbor Investment Advisory LLC now owns 521 shares of the company’s stock valued at $36,000 after acquiring an additional 420 shares during the last quarter. Wilmington Savings Fund Society FSB bought a new stake in shares of Vanguard Long-Term Bond ETF during the 3rd quarter valued at about $52,000. Pinnacle Bancorp Inc. boosted its position in shares of Vanguard Long-Term Bond ETF by 1,193.5% during the 4th quarter. Pinnacle Bancorp Inc. now owns 802 shares of the company’s stock valued at $55,000 after acquiring an additional 740 shares during the last quarter. Finally, Richard W. Paul & Associates LLC boosted its position in shares of Vanguard Long-Term Bond ETF by 13.7% during the 4th quarter. Richard W. Paul & Associates LLC now owns 1,364 shares of the company’s stock valued at $93,000 after acquiring an additional 164 shares during the last quarter.

Vanguard Long-Term Bond ETF Trading Down 0.6 %

Shares of BLV opened at $70.54 on Thursday. The stock has a 50-day moving average price of $69.02 and a 200-day moving average price of $71.44. Vanguard Long-Term Bond ETF has a 12-month low of $66.65 and a 12-month high of $76.87.

Vanguard Long-Term Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd were given a dividend of $0.2695 per share. The ex-dividend date of this dividend was Monday, March 3rd.

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).