Summit Wealth Group LLC Acquires 9,591 Shares of Vanguard Long-Term Bond ETF $BLV

Summit Wealth Group LLC lifted its holdings in shares of Vanguard Long-Term Bond ETF (NYSEARCA:BLV) by 7.5% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 137,433 shares of the company’s stock after purchasing an additional 9,591 shares during the quarter. Vanguard Long-Term Bond ETF accounts for about 2.2% of Summit Wealth Group LLC’s portfolio, making the stock its 14th biggest position. Summit Wealth Group LLC owned about 0.16% of Vanguard Long-Term Bond ETF worth $9,453,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. LPL Financial LLC increased its stake in Vanguard Long-Term Bond ETF by 8.3% during the 4th quarter. LPL Financial LLC now owns 3,235,906 shares of the company’s stock worth $224,960,000 after purchasing an additional 247,583 shares in the last quarter. Lincoln National Corp boosted its holdings in shares of Vanguard Long-Term Bond ETF by 2.6% in the first quarter. Lincoln National Corp now owns 2,627,194 shares of the company’s stock valued at $180,698,000 after buying an additional 65,347 shares during the period. Envestnet Portfolio Solutions Inc. boosted its holdings in shares of Vanguard Long-Term Bond ETF by 4.7% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 2,379,624 shares of the company’s stock valued at $165,431,000 after buying an additional 106,651 shares during the period. Exchange Traded Concepts LLC boosted its holdings in shares of Vanguard Long-Term Bond ETF by 58.8% in the fourth quarter. Exchange Traded Concepts LLC now owns 1,659,604 shares of the company’s stock valued at $115,376,000 after buying an additional 614,246 shares during the period. Finally, Bank of New York Mellon Corp increased its position in shares of Vanguard Long-Term Bond ETF by 3.4% during the fourth quarter. Bank of New York Mellon Corp now owns 1,422,694 shares of the company’s stock worth $98,906,000 after acquiring an additional 47,388 shares in the last quarter.

Vanguard Long-Term Bond ETF Stock Performance

Shares of NYSEARCA:BLV opened at $67.07 on Tuesday. Vanguard Long-Term Bond ETF has a 12 month low of $66.49 and a 12 month high of $72.63. The company’s fifty day simple moving average is $68.31 and its 200 day simple moving average is $69.16.

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). 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.