Beacon Capital Management Inc. Cuts Stock Holdings in Vanguard Long-Term Bond ETF (NYSEARCA:BLV)

Beacon Capital Management Inc. reduced its stake in shares of Vanguard Long-Term Bond ETF (NYSEARCA:BLV) by 46.5% during the first quarter, Holdings Channel reports. The firm owned 518,181 shares of the company’s stock after selling 449,676 shares during the quarter. Vanguard Long-Term Bond ETF makes up approximately 1.5% of Beacon Capital Management Inc.’s portfolio, making the stock its 16th biggest position. Beacon Capital Management Inc.’s holdings in Vanguard Long-Term Bond ETF were worth $36,734,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Garden State Investment Advisory Services LLC increased its stake in shares of Vanguard Long-Term Bond ETF by 1.3% during the fourth quarter. Garden State Investment Advisory Services LLC now owns 11,932 shares of the company’s stock valued at $890,000 after purchasing an additional 150 shares in the last quarter. Spire Wealth Management lifted its stake in shares of Vanguard Long-Term Bond ETF by 8.1% during the 4th quarter. Spire Wealth Management now owns 2,467 shares of the company’s stock valued at $178,000 after buying an additional 185 shares in the last quarter. Global Retirement Partners LLC increased its holdings in Vanguard Long-Term Bond ETF by 4.1% in the 4th quarter. Global Retirement Partners LLC now owns 5,222 shares of the company’s stock valued at $379,000 after acquiring an additional 205 shares during the last quarter. NBC Securities Inc. increased its holdings in Vanguard Long-Term Bond ETF by 3.9% in the 4th quarter. NBC Securities Inc. now owns 5,683 shares of the company’s stock valued at $423,000 after acquiring an additional 214 shares during the last quarter. Finally, Stordahl Capital Management Inc. increased its holdings in shares of Vanguard Long-Term Bond ETF by 2.3% in the 4th quarter. Stordahl Capital Management Inc. now owns 10,287 shares of the company’s stock worth $767,000 after buying an additional 235 shares during the last quarter.

Vanguard Long-Term Bond ETF Price Performance

Shares of BLV stock traded up $0.06 during trading hours on Friday, reaching $71.66. 310,708 shares of the stock were exchanged, compared to its average volume of 844,147. Vanguard Long-Term Bond ETF has a 12-month low of $62.95 and a 12-month high of $75.55. The company’s 50-day moving average price is $69.88 and its 200-day moving average price is $71.46.

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).