Vanguard Long-Term Bond ETF (NYSEARCA:BLV) Sees Large Volume Increase – Still a Buy?

Vanguard Long-Term Bond ETF (NYSEARCA:BLV) saw unusually-strong trading volume on Monday . Approximately 2,216,652 shares were traded during trading, an increase of 190% from the previous session’s volume of 764,956 shares.The stock last traded at $67.50 and had previously closed at $67.34.

Vanguard Long-Term Bond ETF Price Performance

The firm has a 50-day simple moving average of $68.05 and a two-hundred day simple moving average of $69.17.

Hedge Funds Weigh In On Vanguard Long-Term Bond ETF

Several institutional investors have recently modified their holdings of BLV. Richard W. Paul & Associates LLC boosted its holdings in Vanguard Long-Term Bond ETF by 13.7% in the fourth quarter. Richard W. Paul & Associates LLC now owns 1,364 shares of the company’s stock valued at $93,000 after purchasing an additional 164 shares during the period. Veridan Wealth LLC increased its stake in shares of Vanguard Long-Term Bond ETF by 0.3% during the first quarter. Veridan Wealth LLC now owns 66,030 shares of the company’s stock worth $4,650,000 after buying an additional 194 shares during the period. Bank of Hawaii raised its holdings in Vanguard Long-Term Bond ETF by 0.8% in the first quarter. Bank of Hawaii now owns 26,716 shares of the company’s stock valued at $1,881,000 after acquiring an additional 199 shares in the last quarter. Raleigh Capital Management Inc. lifted its stake in Vanguard Long-Term Bond ETF by 9.2% in the first quarter. Raleigh Capital Management Inc. now owns 2,468 shares of the company’s stock worth $174,000 after acquiring an additional 207 shares during the last quarter. Finally, Parallel Advisors LLC lifted its stake in Vanguard Long-Term Bond ETF by 48.4% in the first quarter. Parallel Advisors LLC now owns 638 shares of the company’s stock worth $45,000 after acquiring an additional 208 shares during the last quarter.

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).