TrueWealth Financial Partners Invests $570,000 in Vanguard Long-Term Bond ETF $BLV

TrueWealth Financial Partners acquired a new stake in Vanguard Long-Term Bond ETF (NYSEARCA:BLV) in the 1st quarter, Holdings Channel reports. The firm acquired 8,289 shares of the company’s stock, valued at approximately $570,000.

Several other hedge funds also recently modified their holdings of BLV. LPL Financial LLC grew its stake in shares of Vanguard Long-Term Bond ETF by 8.3% in the fourth quarter. LPL Financial LLC now owns 3,235,906 shares of the company’s stock worth $224,960,000 after acquiring an additional 247,583 shares during the last quarter. Lincoln National Corp raised its stake in Vanguard Long-Term Bond ETF by 2.6% during the 1st quarter. Lincoln National Corp now owns 2,627,194 shares of the company’s stock valued at $180,698,000 after purchasing an additional 65,347 shares during the last quarter. Envestnet Portfolio Solutions Inc. raised its stake in Vanguard Long-Term Bond ETF by 4.7% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 2,379,624 shares of the company’s stock valued at $165,431,000 after purchasing an additional 106,651 shares during the last quarter. Bank of New York Mellon Corp boosted its holdings in Vanguard Long-Term Bond ETF by 8.8% in the 1st quarter. Bank of New York Mellon Corp now owns 1,547,205 shares of the company’s stock valued at $106,417,000 after purchasing an additional 124,511 shares during the period. Finally, Bank of America Corp DE boosted its holdings in Vanguard Long-Term Bond ETF by 87.9% in the 1st quarter. Bank of America Corp DE now owns 1,235,200 shares of the company’s stock valued at $84,957,000 after purchasing an additional 577,868 shares during the period.

Vanguard Long-Term Bond ETF Stock Performance

NYSEARCA BLV opened at $66.29 on Friday. The company’s fifty day moving average is $68.04 and its two-hundred day moving average is $68.90. Vanguard Long-Term Bond ETF has a 52-week low of $66.11 and a 52-week high of $72.63.

Vanguard Long-Term Bond ETF 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.