Keudell Morrison Wealth Management Makes New Investment in Vanguard Long-Term Bond ETF $BLV

Keudell Morrison Wealth Management bought a new position in Vanguard Long-Term Bond ETF (NYSEARCA:BLV) in the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 7,963 shares of the company’s stock, valued at approximately $554,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in BLV. Envestnet Asset Management Inc. increased its stake in shares of Vanguard Long-Term Bond ETF by 6.2% during the third quarter. Envestnet Asset Management Inc. now owns 10,672,022 shares of the company’s stock valued at $756,113,000 after buying an additional 620,446 shares during the period. Lincoln National Corp grew its holdings in Vanguard Long-Term Bond ETF by 4.3% during the 3rd quarter. Lincoln National Corp now owns 2,505,708 shares of the company’s stock worth $177,529,000 after acquiring an additional 102,906 shares in the last quarter. Envestnet Portfolio Solutions Inc. increased its position 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 period. Exchange Traded Concepts LLC increased its position in Vanguard Long-Term Bond ETF by 58.8% during the 4th quarter. Exchange Traded Concepts LLC now owns 1,659,604 shares of the company’s stock valued at $115,376,000 after purchasing an additional 614,246 shares during the period. Finally, Country Trust Bank raised its holdings in shares of Vanguard Long-Term Bond ETF by 98.4% in the 4th quarter. Country Trust Bank now owns 700,677 shares of the company’s stock valued at $48,711,000 after purchasing an additional 347,564 shares in the last quarter.

Vanguard Long-Term Bond ETF Stock Up 0.4%

Shares of BLV opened at $67.90 on Friday. The company has a 50 day moving average price of $68.56 and a 200-day moving average price of $69.66. Vanguard Long-Term Bond ETF has a fifty-two week low of $66.44 and a fifty-two 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.