Bay Capital Advisors LLC Has $3.68 Million Position in Vanguard Long-Term Bond ETF $BLV

Bay Capital Advisors LLC boosted its position in Vanguard Long-Term Bond ETF (NYSEARCA:BLV) by 790.2% in the 4th quarter, Holdings Channel reports. The institutional investor owned 52,894 shares of the company’s stock after purchasing an additional 46,952 shares during the period. Vanguard Long-Term Bond ETF comprises approximately 2.2% of Bay Capital Advisors LLC’s investment portfolio, making the stock its 10th largest position. Bay Capital Advisors LLC’s holdings in Vanguard Long-Term Bond ETF were worth $3,677,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Franklin Resources Inc. bought a new stake in shares of Vanguard Long-Term Bond ETF in the 2nd quarter worth approximately $33,000. Prudential Financial Inc. grew its holdings in shares of Vanguard Long-Term Bond ETF by 6.1% during the 2nd quarter. Prudential Financial Inc. now owns 10,724 shares of the company’s stock valued at $752,000 after purchasing an additional 618 shares during the last quarter. Steward Partners Investment Advisory LLC raised its position in Vanguard Long-Term Bond ETF by 6.8% in the 2nd quarter. Steward Partners Investment Advisory LLC now owns 9,463 shares of the company’s stock worth $658,000 after purchasing an additional 604 shares during the period. Choreo LLC raised its position in Vanguard Long-Term Bond ETF by 11.1% in the 2nd quarter. Choreo LLC now owns 3,593 shares of the company’s stock worth $250,000 after purchasing an additional 360 shares during the period. Finally, JT Stratford LLC bought a new stake in Vanguard Long-Term Bond ETF in the second quarter worth $220,000.

Vanguard Long-Term Bond ETF Stock Performance

NYSEARCA BLV opened at $68.51 on Thursday. The company has a 50-day simple moving average of $69.81 and a two-hundred day simple moving average of $70.34. Vanguard Long-Term Bond ETF has a 12-month low of $65.71 and a 12-month high of $72.63.

Vanguard Long-Term Bond ETF Cuts Dividend

The business also recently declared 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.