Vertrix Wealth Management LLC Purchases New Position in Vanguard Long-Term Bond ETF $BLV

Vertrix Wealth Management LLC acquired a new stake in Vanguard Long-Term Bond ETF (NYSEARCA:BLV) in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 162,216 shares of the company’s stock, valued at approximately $11,157,000. Vanguard Long-Term Bond ETF comprises about 4.1% of Vertrix Wealth Management LLC’s investment portfolio, making the stock its 5th largest holding. Vertrix Wealth Management LLC owned about 0.19% of Vanguard Long-Term Bond ETF at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in BLV. Sunbelt Securities Inc. increased its holdings in shares of Vanguard Long-Term Bond ETF by 864.9% during the third quarter. Sunbelt Securities Inc. now owns 357 shares of the company’s stock worth $25,000 after buying an additional 320 shares in the last quarter. Key Financial Inc boosted its holdings in shares of Vanguard Long-Term Bond ETF by 114.0% during the 4th quarter. Key Financial Inc now owns 473 shares of the company’s stock valued at $33,000 after acquiring an additional 252 shares in the last quarter. Franklin Resources Inc. bought a new stake in Vanguard Long-Term Bond ETF during the 2nd quarter worth $33,000. NBT Bank N A NY bought a new stake in Vanguard Long-Term Bond ETF during the 4th quarter worth $36,000. Finally, Global Trust Asset Management LLC acquired a new position in Vanguard Long-Term Bond ETF in the 4th quarter worth about $44,000.

Vanguard Long-Term Bond ETF Trading Down 0.8%

Vanguard Long-Term Bond ETF stock opened at $68.35 on Thursday. The stock has a 50-day moving average price of $68.48 and a two-hundred day moving average price of $69.27. Vanguard Long-Term Bond ETF has a 12 month low of $66.49 and a 12 month high of $72.63.

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.