Absolute Capital Management LLC Increases Stock Position in Vanguard Long-Term Bond ETF (NYSEARCA:BLV)

Absolute Capital Management LLC lifted its holdings in shares of Vanguard Long-Term Bond ETF (NYSEARCA:BLV) by 20.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,466 shares of the company’s stock after buying an additional 1,082 shares during the quarter. Absolute Capital Management LLC’s holdings in Vanguard Long-Term Bond ETF were worth $444,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of BLV. Thrivent Financial for Lutherans lifted its stake in shares of Vanguard Long-Term Bond ETF by 96.2% during the 3rd quarter. Thrivent Financial for Lutherans now owns 145,716 shares of the company’s stock valued at $10,953,000 after buying an additional 71,432 shares in the last quarter. Prospera Financial Services Inc lifted its stake in shares of Vanguard Long-Term Bond ETF by 273.5% during the 3rd quarter. Prospera Financial Services Inc now owns 26,390 shares of the company’s stock valued at $1,984,000 after buying an additional 19,324 shares in the last quarter. Avior Wealth Management LLC lifted its stake in shares of Vanguard Long-Term Bond ETF by 3,166.7% during the 3rd quarter. Avior Wealth Management LLC now owns 1,862 shares of the company’s stock valued at $140,000 after buying an additional 1,805 shares in the last quarter. LPL Financial LLC lifted its stake in shares of Vanguard Long-Term Bond ETF by 6.9% during the 3rd quarter. LPL Financial LLC now owns 2,534,316 shares of the company’s stock valued at $190,505,000 after buying an additional 163,370 shares in the last quarter. Finally, Nwam LLC purchased a new stake in shares of Vanguard Long-Term Bond ETF during the 3rd quarter valued at approximately $1,052,000.

Vanguard Long-Term Bond ETF Stock Performance

Shares of BLV stock opened at $70.70 on Friday. Vanguard Long-Term Bond ETF has a 12 month low of $66.65 and a 12 month high of $76.87. The firm’s 50 day moving average is $69.47 and its 200 day moving average is $71.13.

Vanguard Long-Term Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were paid a $0.2695 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

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).