Vanguard Long-Term Bond ETF (NYSEARCA:BLV) Sets New 12-Month Low – Should You Sell?

Vanguard Long-Term Bond ETF (NYSEARCA:BLV)’s stock price hit a new 52-week low during mid-day trading on Monday . The company traded as low as $66.84 and last traded at $66.87, with a volume of 166625 shares traded. The stock had previously closed at $67.09.

Vanguard Long-Term Bond ETF Stock Performance

The company has a 50-day moving average of $70.06 and a 200 day moving average of $72.07.

Institutional Investors Weigh In On Vanguard Long-Term Bond ETF

Large investors have recently modified their holdings of the business. Oppenheimer & Co. Inc. grew its position in shares of Vanguard Long-Term Bond ETF by 6.5% in the second quarter. Oppenheimer & Co. Inc. now owns 24,999 shares of the company’s stock valued at $1,757,000 after purchasing an additional 1,532 shares in the last quarter. Mercer Global Advisors Inc. ADV boosted its stake in Vanguard Long-Term Bond ETF by 21.9% during the second quarter. Mercer Global Advisors Inc. ADV now owns 54,910 shares of the company’s stock worth $3,860,000 after buying an additional 9,865 shares during the last quarter. Richardson Financial Services Inc. grew its holdings in Vanguard Long-Term Bond ETF by 20.6% in the 2nd quarter. Richardson Financial Services Inc. now owns 1,218 shares of the company’s stock valued at $86,000 after buying an additional 208 shares in the last quarter. Benjamin F. Edwards & Company Inc. increased its stake in shares of Vanguard Long-Term Bond ETF by 1.3% in the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 61,697 shares of the company’s stock worth $4,337,000 after acquiring an additional 771 shares during the last quarter. Finally, AE Wealth Management LLC raised its holdings in shares of Vanguard Long-Term Bond ETF by 2.4% during the 2nd quarter. AE Wealth Management LLC now owns 21,117 shares of the company’s stock worth $1,484,000 after acquiring an additional 493 shares during the period.

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).