Vanguard Long-Term Bond ETF (NYSEARCA:BLV) Shares Sold by Archer Investment Corp

Archer Investment Corp trimmed its stake in Vanguard Long-Term Bond ETF (NYSEARCA:BLV) by 43.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,026 shares of the company’s stock after selling 796 shares during the quarter. Archer Investment Corp’s holdings in Vanguard Long-Term Bond ETF were worth $77,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Provence Wealth Management Group purchased a new stake in Vanguard Long-Term Bond ETF during the 3rd quarter worth about $25,000. Sugarloaf Wealth Management LLC purchased a new stake in shares of Vanguard Long-Term Bond ETF during the fourth quarter worth about $25,000. GHP Investment Advisors Inc. acquired a new position in shares of Vanguard Long-Term Bond ETF in the fourth quarter valued at approximately $29,000. Whittier Trust Co. purchased a new position in shares of Vanguard Long-Term Bond ETF during the fourth quarter valued at approximately $30,000. Finally, Sound Income Strategies LLC purchased a new position in shares of Vanguard Long-Term Bond ETF during the fourth quarter valued at approximately $36,000.

Vanguard Long-Term Bond ETF Stock Up 0.9 %

BLV stock opened at $68.66 on Thursday. The company has a 50 day moving average price of $71.15 and a two-hundred day moving average price of $70.35. Vanguard Long-Term Bond ETF has a one year low of $62.95 and a one year high of $77.20.

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).