Vanguard Long-Term Bond ETF (NYSEARCA:BLV) Sees Large Decrease in Short Interest

Vanguard Long-Term Bond ETF (NYSEARCA:BLV) was the recipient of a significant drop in short interest in July. As of July 15th, there was short interest totaling 34,677 shares, a drop of 73.6% from the June 30th total of 131,172 shares. Based on an average daily volume of 825,400 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are short sold.

Institutional Investors Weigh In On Vanguard Long-Term Bond ETF

A number of institutional investors have recently added to or reduced their stakes in the stock. Franklin Resources Inc. purchased a new stake in shares of Vanguard Long-Term Bond ETF during the second quarter valued at about $33,000. Darwin Wealth Management LLC purchased a new position in shares of Vanguard Long-Term Bond ETF in the 2nd quarter worth approximately $572,000. Financial Advisors Network Inc. raised its stake in shares of Vanguard Long-Term Bond ETF by 5.4% during the 2nd quarter. Financial Advisors Network Inc. now owns 8,077 shares of the company’s stock worth $562,000 after acquiring an additional 417 shares in the last quarter. EP Wealth Advisors LLC bought a new position in shares of Vanguard Long-Term Bond ETF during the 2nd quarter worth approximately $256,000. Finally, Redwood Investment Management LLC lifted its position in Vanguard Long-Term Bond ETF by 6.6% during the second quarter. Redwood Investment Management LLC now owns 4,719 shares of the company’s stock valued at $328,000 after acquiring an additional 291 shares during the last quarter.

Vanguard Long-Term Bond ETF Stock Up 0.1%

NYSEARCA BLV traded up $0.04 during midday trading on Friday, hitting $66.44. 806,493 shares of the company traded hands, compared to its average volume of 816,143. Vanguard Long-Term Bond ETF has a 52 week low of $66.25 and a 52 week high of $72.63. The company’s 50-day simple moving average is $68.09 and its 200-day simple moving average is $68.99.

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). 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.