PFG Advisors Purchases New Position in Vanguard Long-Term Bond ETF $BLV

PFG Advisors acquired a new stake in Vanguard Long-Term Bond ETF (NYSEARCA:BLV) in the 3rd quarter, Holdings Channel reports. The fund acquired 10,583 shares of the company’s stock, valued at approximately $750,000.

Several other hedge funds also recently made changes to their positions in the company. Colonial Trust Co SC acquired a new stake in shares of Vanguard Long-Term Bond ETF during the third quarter worth about $31,000. Caitlin John LLC acquired a new stake in shares of Vanguard Long-Term Bond ETF in the 3rd quarter valued at about $31,000. Mather Group LLC. acquired a new stake in shares of Vanguard Long-Term Bond ETF in the 3rd quarter valued at about $33,000. Franklin Resources Inc. purchased a new position in Vanguard Long-Term Bond ETF during the 2nd quarter worth approximately $33,000. Finally, Silver Oak Securities Incorporated acquired a new position in Vanguard Long-Term Bond ETF during the third quarter worth approximately $44,000.

Vanguard Long-Term Bond ETF Stock Down 1.3%

BLV opened at $68.99 on Thursday. Vanguard Long-Term Bond ETF has a 52 week low of $65.71 and a 52 week high of $72.63. The business’s 50 day moving average is $70.18 and its two-hundred day moving average is $70.48.

Vanguard Long-Term Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd were issued a $0.2511 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date of this dividend was Monday, March 2nd.

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.