Valmark Advisers Inc. Raises Position in Vanguard Long-Term Bond ETF (NYSEARCA:BLV)

Valmark Advisers Inc. grew its position in Vanguard Long-Term Bond ETF (NYSEARCA:BLV) by 19.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 13,731 shares of the company’s stock after purchasing an additional 2,243 shares during the quarter. Valmark Advisers Inc.’s holdings in Vanguard Long-Term Bond ETF were worth $1,024,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of BLV. Envestnet Portfolio Solutions Inc. acquired a new stake in shares of Vanguard Long-Term Bond ETF in the 3rd quarter valued at $141,015,000. Charles Schwab Investment Management Inc. acquired a new stake in shares of Vanguard Long-Term Bond ETF in the 3rd quarter valued at $78,000,000. Beacon Capital Management Inc. raised its holdings in shares of Vanguard Long-Term Bond ETF by 7,897.5% in the 4th quarter. Beacon Capital Management Inc. now owns 967,857 shares of the company’s stock valued at $72,183,000 after purchasing an additional 955,755 shares in the last quarter. Exchange Traded Concepts LLC acquired a new stake in shares of Vanguard Long-Term Bond ETF in the 4th quarter valued at $52,032,000. Finally, Ameriprise Financial Inc. raised its holdings in shares of Vanguard Long-Term Bond ETF by 88.7% in the 3rd quarter. Ameriprise Financial Inc. now owns 1,476,475 shares of the company’s stock valued at $99,003,000 after purchasing an additional 693,985 shares in the last quarter.

Vanguard Long-Term Bond ETF Price Performance

Shares of BLV traded up $0.35 during midday trading on Friday, reaching $68.20. The stock had a trading volume of 435,526 shares, compared to its average volume of 998,530. Vanguard Long-Term Bond ETF has a 1-year low of $62.95 and a 1-year high of $77.02. The company’s fifty day simple moving average is $70.74 and its two-hundred day simple moving average is $70.50.

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).