Vanguard Long-Term Bond ETF (NYSEARCA:BLV) Shares Break Below 50 Day Moving Average – Here’s What Happened

Vanguard Long-Term Bond ETF (NYSEARCA:BLV – Get Free Report)’s share price crossed below its 50-day moving average during trading on Thursday. The stock has a 50-day moving average of $64.37 and traded as low as $63.92. Vanguard Long-Term Bond ETF shares last traded at $63.93, with a volume of 660,513 shares.

Vanguard Long-Term Bond ETF Stock Down 1.3%

The business has a fifty day moving average of $64.37 and a 200 day moving average of $67.37.

Hedge Funds Weigh In On Vanguard Long-Term Bond ETF

Several institutional investors have recently modified their holdings of BLV. Signature Equity Partners LLC increased its stake in shares of Vanguard Long-Term Bond ETF by 120.3% in the 3rd quarter. Signature Equity Partners LLC now owns 542 shares of the company’s stock valued at $34,000 after acquiring an additional 296 shares during the last quarter. Continuum Advisory LLC acquired a new position in Vanguard Long-Term Bond ETF during the second quarter valued at approximately $35,000. Legacy Wealth Managment LLC ID increased its stake in Vanguard Long-Term Bond ETF by 18.6% in the first quarter. Legacy Wealth Managment LLC ID now owns 1,371 shares of the company’s stock valued at $94,000 after purchasing an additional 215 shares in the last quarter. Compass Financial Management LLC bought a new stake in Vanguard Long-Term Bond ETF in the second quarter valued at approximately $154,000. Finally, Asset Dedication LLC increased its stake in Vanguard Long-Term Bond ETF by 743.0% in the first quarter. Asset Dedication LLC now owns 2,335 shares of the company’s stock valued at $161,000 after purchasing an additional 2,058 shares in the last quarter.

About Vanguard Long-Term Bond ETF

(Get Free Report)

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.

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