NewEdge Advisors LLC Has $17.56 Million Stake in Vanguard Long-Term Bond ETF $BLV

NewEdge Advisors LLC grew its stake in shares of Vanguard Long-Term Bond ETF (NYSEARCA:BLV) by 34.6% during the second quarter, Holdings Channel.com reports. The institutional investor owned 254,760 shares of the company’s stock after acquiring an additional 65,517 shares during the quarter. NewEdge Advisors LLC’s holdings in Vanguard Long-Term Bond ETF were worth $17,561,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the stock. Franklin Resources Inc. bought a new stake in shares of Vanguard Long-Term Bond ETF in the 2nd quarter valued at about $33,000. Darwin Wealth Management LLC acquired a new stake in shares of Vanguard Long-Term Bond ETF in the 2nd quarter valued at approximately $572,000. Financial Advisors Network Inc. boosted its stake in 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 during the last quarter. EP Wealth Advisors LLC bought a new position in Vanguard Long-Term Bond ETF during the 2nd quarter worth approximately $256,000. Finally, Redwood Investment Management LLC boosted its stake in Vanguard Long-Term Bond ETF by 6.6% during the 2nd quarter. Redwood Investment Management LLC now owns 4,719 shares of the company’s stock worth $328,000 after acquiring an additional 291 shares during the last quarter.

Vanguard Long-Term Bond ETF Stock Performance

Shares of NYSEARCA BLV opened at $64.83 on Friday. Vanguard Long-Term Bond ETF has a 52-week low of $64.76 and a 52-week high of $72.63. The firm has a 50 day moving average price of $66.48 and a 200 day moving average price of $68.03.

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.