Northwestern Mutual Wealth Management Co. Has $19.91 Million Stock Holdings in Vanguard Long-Term Bond ETF $BLV

Northwestern Mutual Wealth Management Co. increased its holdings in Vanguard Long-Term Bond ETF (NYSEARCA:BLV) by 121.7% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 286,415 shares of the company’s stock after purchasing an additional 157,214 shares during the period. Northwestern Mutual Wealth Management Co. owned approximately 0.34% of Vanguard Long-Term Bond ETF worth $19,912,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in BLV. Sunbelt Securities Inc. raised its position in Vanguard Long-Term Bond ETF by 864.9% in the third quarter. Sunbelt Securities Inc. now owns 357 shares of the company’s stock worth $25,000 after purchasing an additional 320 shares in the last quarter. Colonial Trust Co SC acquired a new position in Vanguard Long-Term Bond ETF in the third quarter worth about $31,000. Caitlin John LLC acquired a new position in Vanguard Long-Term Bond ETF in the third quarter worth about $31,000. Key Financial Inc raised its position in Vanguard Long-Term Bond ETF by 114.0% in the fourth quarter. Key Financial Inc now owns 473 shares of the company’s stock worth $33,000 after purchasing an additional 252 shares in the last quarter. Finally, Franklin Resources Inc. acquired a new position in Vanguard Long-Term Bond ETF in the second quarter worth about $33,000.

Vanguard Long-Term Bond ETF Price Performance

NYSEARCA:BLV opened at $68.75 on Monday. Vanguard Long-Term Bond ETF has a 12-month low of $66.49 and a 12-month high of $72.63. The firm has a 50-day moving average price of $68.52 and a 200 day moving average price of $69.57.

Vanguard Long-Term Bond ETF Company 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.