Asset Allocation & Management Company LLC Purchases New Position in Vanguard Long-Term Bond ETF $BLV

Asset Allocation & Management Company LLC purchased a new stake in shares of Vanguard Long-Term Bond ETF (NYSEARCA:BLV) during the third quarter, HoldingsChannel.com reports. The institutional investor purchased 10,260 shares of the company’s stock, valued at approximately $644,000.

A number of other hedge funds also recently made changes to their positions in the business. Envestnet Asset Management Inc. boosted its position in shares of Vanguard Long-Term Bond ETF by 1.6% during the second quarter. Envestnet Asset Management Inc. now owns 13,866,536 shares of the company’s stock worth $955,820,000 after buying an additional 220,714 shares during the period. Lincoln National Corp increased its position in Vanguard Long-Term Bond ETF by 2.6% in the 1st quarter. Lincoln National Corp now owns 2,627,194 shares of the company’s stock valued at $180,698,000 after acquiring an additional 65,347 shares during the period. Bank of New York Mellon Corp increased its position in Vanguard Long-Term Bond ETF by 8.8% in the 1st quarter. Bank of New York Mellon Corp now owns 1,547,205 shares of the company’s stock valued at $106,417,000 after acquiring an additional 124,511 shares during the period. Bank of America Corp DE increased its position in Vanguard Long-Term Bond ETF by 87.9% in the 1st quarter. Bank of America Corp DE now owns 1,235,200 shares of the company’s stock valued at $84,957,000 after acquiring an additional 577,868 shares during the period. Finally, Royal Bank of Canada raised its stake in Vanguard Long-Term Bond ETF by 2.1% during the 1st quarter. Royal Bank of Canada now owns 1,113,617 shares of the company’s stock valued at $76,595,000 after acquiring an additional 23,070 shares in the last quarter.

Vanguard Long-Term Bond ETF Stock Up 0.1%

Vanguard Long-Term Bond ETF stock traded up $0.09 during mid-day trading on Tuesday, hitting $63.05. 473,289 shares of the company’s stock traded hands, compared to its average volume of 801,341. Vanguard Long-Term Bond ETF has a one year low of $61.78 and a one year high of $72.63. The firm has a 50 day moving average price of $65.04 and a 200 day moving average price of $67.10.

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.