Flagstar Advisors Inc. Buys 8,247 Shares of Vanguard Long-Term Bond ETF $BLV

Flagstar Advisors Inc. grew its stake in Vanguard Long-Term Bond ETF (NYSEARCA:BLV) by 8.3% in the fourth quarter, Holdings Channel.com reports. The firm owned 108,174 shares of the company’s stock after acquiring an additional 8,247 shares during the quarter. Vanguard Long-Term Bond ETF makes up approximately 2.5% of Flagstar Advisors Inc.’s investment portfolio, making the stock its 5th biggest position. Flagstar Advisors Inc.’s holdings in Vanguard Long-Term Bond ETF were worth $7,520,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in BLV. Twin City Private Wealth LLC lifted its position in Vanguard Long-Term Bond ETF by 6.5% during the third quarter. Twin City Private Wealth LLC now owns 2,481 shares of the company’s stock worth $176,000 after buying an additional 152 shares in the last quarter. Kovack Advisors Inc. grew its holdings in Vanguard Long-Term Bond ETF by 2.0% in the 3rd quarter. Kovack Advisors Inc. now owns 8,316 shares of the company’s stock valued at $589,000 after buying an additional 165 shares in the last quarter. Long Run Wealth Advisors LLC grew its holdings in Vanguard Long-Term Bond ETF by 3.8% in the 3rd quarter. Long Run Wealth Advisors LLC now owns 4,593 shares of the company’s stock valued at $325,000 after buying an additional 167 shares in the last quarter. Absolute Capital Management LLC increased its stake in shares of Vanguard Long-Term Bond ETF by 1.9% in the 3rd quarter. Absolute Capital Management LLC now owns 9,280 shares of the company’s stock worth $657,000 after acquiring an additional 176 shares during the last quarter. Finally, CGN Advisors LLC increased its stake in shares of Vanguard Long-Term Bond ETF by 4.3% in the 4th quarter. CGN Advisors LLC now owns 4,507 shares of the company’s stock worth $313,000 after acquiring an additional 184 shares during the last quarter.

Vanguard Long-Term Bond ETF Trading Down 0.8%

NYSEARCA BLV opened at $68.16 on Friday. Vanguard Long-Term Bond ETF has a 52 week low of $65.71 and a 52 week high of $72.63. The business’s fifty day simple moving average is $69.92 and its 200-day simple moving average is $70.42.

Vanguard Long-Term Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were given a dividend of $0.2511 per share. This represents a c) annualized dividend and a yield of 4.4%. The ex-dividend date was Monday, March 2nd.

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.