Freedom Investment Management Inc. Cuts Position in Vanguard Long-Term Bond ETF (NYSEARCA:BLV)

Freedom Investment Management Inc. reduced its stake in shares of Vanguard Long-Term Bond ETF (NYSEARCA:BLV) by 7.4% in the third quarter, HoldingsChannel reports. The firm owned 19,792 shares of the company’s stock after selling 1,582 shares during the period. Freedom Investment Management Inc.’s holdings in Vanguard Long-Term Bond ETF were worth $1,488,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its position in shares of Vanguard Long-Term Bond ETF by 38.5% in the 1st quarter. Vanguard Group Inc. now owns 200,955 shares of the company’s stock worth $14,535,000 after purchasing an additional 55,886 shares in the last quarter. Comerica Bank lifted its stake in shares of Vanguard Long-Term Bond ETF by 37.6% during the first quarter. Comerica Bank now owns 46,722 shares of the company’s stock worth $3,379,000 after buying an additional 12,757 shares during the period. FSA Advisors Inc. grew its holdings in shares of Vanguard Long-Term Bond ETF by 7.0% during the first quarter. FSA Advisors Inc. now owns 7,921 shares of the company’s stock valued at $573,000 after buying an additional 517 shares during the last quarter. Cetera Investment Advisers raised its stake in Vanguard Long-Term Bond ETF by 71.7% in the 1st quarter. Cetera Investment Advisers now owns 502,063 shares of the company’s stock worth $36,314,000 after acquiring an additional 209,608 shares during the last quarter. Finally, Cetera Advisors LLC lifted its position in Vanguard Long-Term Bond ETF by 55.3% during the 1st quarter. Cetera Advisors LLC now owns 73,119 shares of the company’s stock worth $5,289,000 after acquiring an additional 26,032 shares during the period.

Vanguard Long-Term Bond ETF Price Performance

Shares of BLV stock opened at $71.98 on Thursday. Vanguard Long-Term Bond ETF has a fifty-two week low of $67.45 and a fifty-two week high of $76.87. The stock’s 50-day simple moving average is $72.37 and its 200-day simple moving average is $72.30.

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).