Truist Financial Corp Acquires 11,670 Shares of Vanguard Long-Term Bond ETF $BLV

Truist Financial Corp increased its holdings in Vanguard Long-Term Bond ETF (NYSEARCA:BLV) by 5.7% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 218,167 shares of the company’s stock after purchasing an additional 11,670 shares during the period. Truist Financial Corp’s holdings in Vanguard Long-Term Bond ETF were worth $15,457,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also bought and sold shares of the company. Franklin Resources Inc. purchased a new stake in shares of Vanguard Long-Term Bond ETF during the second quarter worth $33,000. Mather Group LLC. purchased a new position in shares of Vanguard Long-Term Bond ETF in the third quarter valued at $33,000. Silver Oak Securities Incorporated bought a new stake in shares of Vanguard Long-Term Bond ETF during the 3rd quarter valued at $44,000. Cape Investment Advisory Inc. lifted its holdings in Vanguard Long-Term Bond ETF by 90.4% during the 2nd quarter. Cape Investment Advisory Inc. now owns 990 shares of the company’s stock worth $69,000 after purchasing an additional 470 shares in the last quarter. Finally, Huntington National Bank boosted its stake in Vanguard Long-Term Bond ETF by 3,476.7% in the 2nd quarter. Huntington National Bank now owns 1,073 shares of the company’s stock worth $75,000 after purchasing an additional 1,043 shares during the period.

Vanguard Long-Term Bond ETF Stock Down 0.3%

BLV stock opened at $69.64 on Friday. The stock has a 50-day simple moving average of $70.04 and a two-hundred day simple moving average of $70.16. Vanguard Long-Term Bond ETF has a twelve month low of $65.71 and a twelve month high of $72.63.

Vanguard Long-Term Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, February 4th. Investors of record on Monday, February 2nd will be paid a dividend of $0.2775 per share. The ex-dividend date of this dividend is Monday, February 2nd. This represents a c) annualized dividend and a yield of 4.8%.

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). The Index includes all medium and larger issues of the United States Government, investment-grade corporate, and investment-grade international dollar-denominated bonds that have maturities of greater than 10 years and are publicly issued.