Vanguard Long-Term Bond ETF (NYSEARCA:BLV) Hits New 12-Month Low – Here’s What Happened

Vanguard Long-Term Bond ETF (NYSEARCA:BLV)’s stock price hit a new 52-week low during mid-day trading on Thursday . The company traded as low as $64.99 and last traded at $65.0390, with a volume of 65429 shares traded. The stock had previously closed at $65.59.

Vanguard Long-Term Bond ETF Stock Down 0.8%

The firm has a fifty day simple moving average of $66.55 and a 200 day simple moving average of $68.08.

Institutional Investors Weigh In On Vanguard Long-Term Bond ETF

Several hedge funds have recently modified their holdings of BLV. Capital Analysts LLC grew its holdings in Vanguard Long-Term Bond ETF by 17.0% in the second quarter. Capital Analysts LLC now owns 28,779 shares of the company’s stock valued at $1,984,000 after purchasing an additional 4,192 shares during the period. RFG Advisory LLC raised its stake in Vanguard Long-Term Bond ETF by 10.6% during the second quarter. RFG Advisory LLC now owns 16,940 shares of the company’s stock worth $1,168,000 after purchasing an additional 1,620 shares during the period. NewEdge Advisors LLC raised its stake in Vanguard Long-Term Bond ETF by 34.6% during the second quarter. NewEdge Advisors LLC now owns 254,760 shares of the company’s stock worth $17,561,000 after purchasing an additional 65,517 shares during the period. SHEPHERD WEALTH MANAGEMENT Ltd LIABILITY Co boosted its holdings in shares of Vanguard Long-Term Bond ETF by 21.1% in the 2nd quarter. SHEPHERD WEALTH MANAGEMENT Ltd LIABILITY Co now owns 4,065 shares of the company’s stock valued at $280,000 after purchasing an additional 709 shares during the last quarter. Finally, Ameritas Advisory Services LLC grew its stake in shares of Vanguard Long-Term Bond ETF by 76.2% during the 2nd quarter. Ameritas Advisory Services LLC now owns 194,588 shares of the company’s stock valued at $13,413,000 after buying an additional 84,174 shares during the period.

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). 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.