Summit Wealth Group LLC Purchases 9,591 Shares of Vanguard Long-Term Bond ETF $BLV

Summit Wealth Group LLC grew its position in shares of Vanguard Long-Term Bond ETF (NYSEARCA:BLV) by 7.5% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 137,433 shares of the company’s stock after acquiring an additional 9,591 shares during the quarter. Vanguard Long-Term Bond ETF accounts for 2.2% of Summit Wealth Group LLC’s holdings, making the stock its 14th biggest position. Summit Wealth Group LLC’s holdings in Vanguard Long-Term Bond ETF were worth $9,453,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in BLV. HT Partners LLC grew its position in Vanguard Long-Term Bond ETF by 0.7% in the fourth quarter. HT Partners LLC now owns 22,768 shares of the company’s stock valued at $1,583,000 after purchasing an additional 149 shares in the last quarter. Jim Saulnier & Associates LLC lifted its position in Vanguard Long-Term Bond ETF by 2.8% during the 1st quarter. Jim Saulnier & Associates LLC now owns 6,222 shares of the company’s stock worth $428,000 after buying an additional 172 shares in the last quarter. Allworth Financial LP boosted its stake in shares of Vanguard Long-Term Bond ETF by 7.7% during the 4th quarter. Allworth Financial LP now owns 2,547 shares of the company’s stock worth $177,000 after buying an additional 182 shares during the last quarter. CGN Advisors LLC boosted its stake in shares of Vanguard Long-Term Bond ETF by 4.3% during the 4th quarter. CGN Advisors LLC now owns 4,507 shares of the company’s stock worth $313,000 after buying an additional 184 shares during the last quarter. Finally, United Advisor Group LLC grew its holdings in shares of Vanguard Long-Term Bond ETF by 6.6% in the 4th quarter. United Advisor Group LLC now owns 3,013 shares of the company’s stock valued at $209,000 after acquiring an additional 186 shares in the last quarter.

Vanguard Long-Term Bond ETF Stock Down 0.6%

NYSEARCA:BLV opened at $67.07 on Tuesday. The stock’s 50-day simple moving average is $68.31 and its 200 day simple moving average is $69.16. Vanguard Long-Term Bond ETF has a 52-week low of $66.49 and a 52-week high of $72.63.

Vanguard Long-Term Bond ETF Company 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.