Main Line Retirement Advisors LLC Sells 26,738 Shares of Vanguard Long-Term Bond ETF $BLV

Main Line Retirement Advisors LLC lessened its stake in Vanguard Long-Term Bond ETF (NYSEARCA:BLV) by 41.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 38,226 shares of the company’s stock after selling 26,738 shares during the quarter. Vanguard Long-Term Bond ETF accounts for approximately 2.0% of Main Line Retirement Advisors LLC’s holdings, making the stock its 12th biggest position. Main Line Retirement Advisors LLC’s holdings in Vanguard Long-Term Bond ETF were worth $2,851,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Envestnet Asset Management Inc. increased its stake in Vanguard Long-Term Bond ETF by 6.2% during the 3rd quarter. Envestnet Asset Management Inc. now owns 10,672,022 shares of the company’s stock valued at $756,113,000 after purchasing an additional 620,446 shares in the last quarter. Lincoln National Corp lifted its stake in shares of Vanguard Long-Term Bond ETF by 4.3% in the third quarter. Lincoln National Corp now owns 2,505,708 shares of the company’s stock worth $177,529,000 after buying an additional 102,906 shares in the last quarter. Envestnet Portfolio Solutions Inc. lifted its stake in shares of Vanguard Long-Term Bond ETF by 0.8% in the third quarter. Envestnet Portfolio Solutions Inc. now owns 2,272,973 shares of the company’s stock worth $161,040,000 after buying an additional 17,494 shares in the last quarter. Exchange Traded Concepts LLC grew its holdings in shares of Vanguard Long-Term Bond ETF by 58.8% during the fourth quarter. Exchange Traded Concepts LLC now owns 1,659,604 shares of the company’s stock valued at $115,376,000 after buying an additional 614,246 shares during the last quarter. Finally, Beacon Capital Management Inc. grew its holdings in shares of Vanguard Long-Term Bond ETF by 83.6% during the third quarter. Beacon Capital Management Inc. now owns 1,119,393 shares of the company’s stock valued at $79,309,000 after buying an additional 509,835 shares during the last quarter.

Vanguard Long-Term Bond ETF Price Performance

Shares of BLV opened at $68.88 on Friday. Vanguard Long-Term Bond ETF has a twelve month low of $65.71 and a twelve month high of $72.63. The firm has a 50 day moving average of $69.77 and a 200 day moving average of $70.32.

Vanguard Long-Term Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were issued a $0.2511 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 4.4%.

About Vanguard Long-Term Bond ETF

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.