Money Concepts Capital Corp Takes $5.08 Million Position in Vanguard Long-Term Bond ETF $BLV

Money Concepts Capital Corp purchased a new position in shares of Vanguard Long-Term Bond ETF (NYSEARCA:BLV) in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 71,723 shares of the company’s stock, valued at approximately $5,082,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Truist Financial Corp boosted its position in Vanguard Long-Term Bond ETF by 5.5% during the second quarter. Truist Financial Corp now owns 206,497 shares of the company’s stock worth $14,360,000 after purchasing an additional 10,781 shares during the period. Ameritas Advisory Services LLC raised its position in shares of Vanguard Long-Term Bond ETF by 44.4% in the second quarter. Ameritas Advisory Services LLC now owns 8,515 shares of the company’s stock valued at $592,000 after purchasing an additional 2,617 shares during the period. Keudell Morrison Wealth Management purchased a new stake in shares of Vanguard Long-Term Bond ETF during the 2nd quarter valued at approximately $349,000. Valmark Advisers Inc. boosted its holdings in Vanguard Long-Term Bond ETF by 3.8% in the 2nd quarter. Valmark Advisers Inc. now owns 44,146 shares of the company’s stock worth $3,070,000 after buying an additional 1,618 shares during the period. Finally, H&H Retirement Design & Management INC boosted its holdings in Vanguard Long-Term Bond ETF by 11.5% in the 2nd quarter. H&H Retirement Design & Management INC now owns 109,019 shares of the company’s stock worth $7,441,000 after buying an additional 11,240 shares during the period.

Vanguard Long-Term Bond ETF Price Performance

Shares of BLV stock opened at $69.64 on Monday. The company’s fifty day simple moving average is $70.04 and its two-hundred day simple moving average is $70.18. Vanguard Long-Term Bond ETF has a 1 year low of $65.71 and a 1 year high of $72.63.

Vanguard Long-Term Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, February 4th. Investors of record on Monday, February 2nd will be paid a dividend of $0.2775 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.8%. The ex-dividend date is Monday, February 2nd.

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.