Pitcairn Co. Buys Shares of 34,477 Vanguard Long-Term Bond ETF $BLV

Pitcairn Co. bought a new stake in shares of Vanguard Long-Term Bond ETF (NYSEARCA:BLV) in the 3rd quarter, Holdings Channel.com reports. The institutional investor bought 34,477 shares of the company’s stock, valued at approximately $2,443,000.

A number of other institutional investors and hedge funds have also made changes to their positions in BLV. Twin City Private Wealth LLC lifted its holdings in shares of Vanguard Long-Term Bond ETF by 6.5% in the 3rd quarter. Twin City Private Wealth LLC now owns 2,481 shares of the company’s stock worth $176,000 after purchasing an additional 152 shares during the last quarter. Kovack Advisors Inc. increased its position in Vanguard Long-Term Bond ETF by 2.0% in the third quarter. Kovack Advisors Inc. now owns 8,316 shares of the company’s stock worth $589,000 after buying an additional 165 shares during the period. Long Run Wealth Advisors LLC increased its position in Vanguard Long-Term Bond ETF by 3.8% in the third quarter. Long Run Wealth Advisors LLC now owns 4,593 shares of the company’s stock worth $325,000 after buying an additional 167 shares during the period. Absolute Capital Management LLC lifted its stake in Vanguard Long-Term Bond ETF by 1.9% in the third quarter. Absolute Capital Management LLC now owns 9,280 shares of the company’s stock valued at $657,000 after buying an additional 176 shares during the last quarter. Finally, Darwin Wealth Management LLC boosted its holdings in shares of Vanguard Long-Term Bond ETF by 2.2% during the third quarter. Darwin Wealth Management LLC now owns 8,414 shares of the company’s stock valued at $596,000 after acquiring an additional 185 shares during the period.

Vanguard Long-Term Bond ETF Stock Performance

Vanguard Long-Term Bond ETF stock opened at $70.25 on Friday. Vanguard Long-Term Bond ETF has a one year low of $65.71 and a one year high of $72.63. The company has a 50-day simple moving average of $70.18 and a 200-day simple moving average of $70.44.

Vanguard Long-Term Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were paid a $0.2511 dividend. The ex-dividend date was Monday, March 2nd. This represents a c) annualized dividend and a dividend yield of 4.3%.

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.