Rochester Wealth Strategies LLC Grows Position in Vanguard Long-Term Bond ETF $BLV

Rochester Wealth Strategies LLC boosted its holdings in shares of Vanguard Long-Term Bond ETF (NYSEARCA:BLV) by 22.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 74,201 shares of the company’s stock after acquiring an additional 13,383 shares during the period. Vanguard Long-Term Bond ETF comprises about 3.4% of Rochester Wealth Strategies LLC’s portfolio, making the stock its 11th largest position. Rochester Wealth Strategies LLC owned approximately 0.09% of Vanguard Long-Term Bond ETF worth $5,257,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the business. Envestnet Asset Management Inc. lifted its position in shares of Vanguard Long-Term Bond ETF by 6.2% in the 3rd quarter. Envestnet Asset Management Inc. now owns 10,672,022 shares of the company’s stock worth $756,113,000 after purchasing an additional 620,446 shares during the period. Lincoln National Corp lifted its holdings in Vanguard Long-Term Bond ETF by 4.3% during the third quarter. Lincoln National Corp now owns 2,505,708 shares of the company’s stock worth $177,529,000 after buying an additional 102,906 shares during the period. Envestnet Portfolio Solutions Inc. boosted its position in Vanguard Long-Term Bond ETF by 0.8% during the 3rd quarter. Envestnet Portfolio Solutions Inc. now owns 2,272,973 shares of the company’s stock valued at $161,040,000 after acquiring an additional 17,494 shares in the last quarter. Beacon Capital Management Inc. boosted its position in Vanguard Long-Term Bond ETF by 83.6% during the 3rd quarter. Beacon Capital Management Inc. now owns 1,119,393 shares of the company’s stock valued at $79,309,000 after acquiring an additional 509,835 shares in the last quarter. Finally, Exchange Traded Concepts LLC increased its holdings in shares of Vanguard Long-Term Bond ETF by 40.7% in the 3rd quarter. Exchange Traded Concepts LLC now owns 1,045,358 shares of the company’s stock valued at $74,064,000 after acquiring an additional 302,652 shares during the period.

Vanguard Long-Term Bond ETF Price Performance

BLV opened at $71.00 on Friday. Vanguard Long-Term Bond ETF has a 12 month low of $65.71 and a 12 month high of $72.63. The stock has a fifty day moving average price of $69.96 and a 200-day moving average price of $70.34.

Vanguard Long-Term Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, February 4th. Shareholders of record on Monday, February 2nd were issued a $0.2775 dividend. The ex-dividend date was Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 4.7%.

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.