WMG Financial Advisors LLC Trims Stock Holdings in Vanguard Long-Term Bond ETF (NYSEARCA:BLV)

WMG Financial Advisors LLC trimmed its holdings in Vanguard Long-Term Bond ETF (NYSEARCA:BLV) by 21.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,753 shares of the company’s stock after selling 1,572 shares during the period. WMG Financial Advisors LLC’s holdings in Vanguard Long-Term Bond ETF were worth $394,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of the business. Lincoln National Corp grew its stake in Vanguard Long-Term Bond ETF by 8.8% in the 4th quarter. Lincoln National Corp now owns 2,314,977 shares of the company’s stock valued at $158,414,000 after buying an additional 187,224 shares in the last quarter. SBI Securities Co. Ltd. purchased a new position in shares of Vanguard Long-Term Bond ETF during the 4th quarter valued at $4,276,000. Jones Financial Companies Lllp grew its position in shares of Vanguard Long-Term Bond ETF by 104.9% during the 4th quarter. Jones Financial Companies Lllp now owns 27,997 shares of the company’s stock valued at $1,916,000 after purchasing an additional 14,331 shares in the last quarter. Smartleaf Asset Management LLC grew its position in shares of Vanguard Long-Term Bond ETF by 59.2% during the 4th quarter. Smartleaf Asset Management LLC now owns 30,588 shares of the company’s stock valued at $2,102,000 after purchasing an additional 11,372 shares in the last quarter. Finally, Maia Wealth LLC grew its position in shares of Vanguard Long-Term Bond ETF by 27.3% during the 4th quarter. Maia Wealth LLC now owns 15,603 shares of the company’s stock valued at $1,080,000 after purchasing an additional 3,345 shares in the last quarter.

Vanguard Long-Term Bond ETF Stock Performance

BLV opened at $71.57 on Tuesday. The company has a fifty day moving average price of $68.93 and a 200-day moving average price of $71.47. Vanguard Long-Term Bond ETF has a one year low of $66.65 and a one year high of $76.87.

Vanguard Long-Term Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd will be issued a dividend of $0.2695 per share. The ex-dividend date is 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).