Vanguard Long-Term Bond ETF (NYSEARCA:BLV) Stake Cut by Archer Investment Corp

Archer Investment Corp reduced its holdings in Vanguard Long-Term Bond ETF (NYSEARCA:BLV) by 43.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,026 shares of the company’s stock after selling 796 shares during the period. Archer Investment Corp’s holdings in Vanguard Long-Term Bond ETF were worth $77,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the business. Wells Fargo & Company MN lifted its stake in Vanguard Long-Term Bond ETF by 23.0% in the 2nd quarter. Wells Fargo & Company MN now owns 10,400,416 shares of the company’s stock worth $779,199,000 after acquiring an additional 1,945,770 shares in the last quarter. Moneta Group Investment Advisors LLC raised its stake in shares of Vanguard Long-Term Bond ETF by 108,575.9% during the 4th quarter. Moneta Group Investment Advisors LLC now owns 5,241,441 shares of the company’s stock worth $379,690,000 after purchasing an additional 5,236,618 shares in the last quarter. LPL Financial LLC raised its stake in shares of Vanguard Long-Term Bond ETF by 4.3% during the 3rd quarter. LPL Financial LLC now owns 2,626,030 shares of the company’s stock worth $176,102,000 after purchasing an additional 108,732 shares in the last quarter. Envestnet Portfolio Solutions Inc. purchased a new stake in shares of Vanguard Long-Term Bond ETF during the 3rd quarter worth about $141,015,000. Finally, Lincoln National Corp raised its stake in shares of Vanguard Long-Term Bond ETF by 7.7% during the 3rd quarter. Lincoln National Corp now owns 1,929,288 shares of the company’s stock worth $129,378,000 after purchasing an additional 138,203 shares in the last quarter.

Vanguard Long-Term Bond ETF Stock Up 0.9 %

BLV opened at $68.66 on Thursday. Vanguard Long-Term Bond ETF has a fifty-two week low of $62.95 and a fifty-two week high of $77.20. The business has a 50-day moving average of $71.15 and a 200-day moving average of $70.35.

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).