Royal Bank of Canada Acquires 23,070 Shares of Vanguard Long-Term Bond ETF $BLV

Royal Bank of Canada increased its holdings in shares of Vanguard Long-Term Bond ETF (NYSEARCA:BLV) by 2.1% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,113,617 shares of the company’s stock after acquiring an additional 23,070 shares during the period. Royal Bank of Canada owned about 1.28% of Vanguard Long-Term Bond ETF worth $76,595,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Ocean Park Asset Management LLC bought a new position in Vanguard Long-Term Bond ETF during the first quarter worth about $32,677,000. Country Trust Bank grew its stake in shares of Vanguard Long-Term Bond ETF by 98.4% in the 4th quarter. Country Trust Bank now owns 700,677 shares of the company’s stock valued at $48,711,000 after purchasing an additional 347,564 shares during the period. LPL Financial LLC grew its stake in shares of Vanguard Long-Term Bond ETF by 8.3% in the 4th quarter. LPL Financial LLC now owns 3,235,906 shares of the company’s stock valued at $224,960,000 after purchasing an additional 247,583 shares during the period. Truist Financial Corp raised its holdings in shares of Vanguard Long-Term Bond ETF by 91.2% in the 4th quarter. Truist Financial Corp now owns 417,106 shares of the company’s stock worth $28,997,000 after buying an additional 198,939 shares in the last quarter. Finally, Vertrix Wealth Management LLC acquired a new position in shares of Vanguard Long-Term Bond ETF in the 1st quarter worth approximately $11,157,000.

Vanguard Long-Term Bond ETF Stock Performance

Vanguard Long-Term Bond ETF stock opened at $65.98 on Friday. Vanguard Long-Term Bond ETF has a one year low of $65.72 and a one year high of $72.63. The business has a 50 day simple moving average of $68.00 and a 200 day simple moving average of $68.88.

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.