Brookstone Capital Management Increases Stock Position in Vanguard Long-Term Bond ETF $BLV

Brookstone Capital Management boosted its holdings in Vanguard Long-Term Bond ETF (NYSEARCA:BLV) by 9.7% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 87,167 shares of the company’s stock after acquiring an additional 7,673 shares during the quarter. Brookstone Capital Management owned 0.10% of Vanguard Long-Term Bond ETF worth $5,995,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in BLV. Milestone Asset Management LLC purchased a new stake in shares of Vanguard Long-Term Bond ETF during the fourth quarter valued at $851,000. Exchange Traded Concepts LLC increased its holdings in Vanguard Long-Term Bond ETF by 58.8% in the 4th quarter. Exchange Traded Concepts LLC now owns 1,659,604 shares of the company’s stock worth $115,376,000 after buying an additional 614,246 shares in the last quarter. Country Trust Bank raised its position in Vanguard Long-Term Bond ETF by 98.4% in the 4th quarter. Country Trust Bank now owns 700,677 shares of the company’s stock worth $48,711,000 after buying an additional 347,564 shares during the last quarter. Farther Finance Advisors LLC raised its position in Vanguard Long-Term Bond ETF by 11.3% in the 4th quarter. Farther Finance Advisors LLC now owns 77,964 shares of the company’s stock worth $5,420,000 after buying an additional 7,899 shares during the last quarter. Finally, Asset Allocation & Management Company LLC bought a new position in Vanguard Long-Term Bond ETF during the 4th quarter valued at about $713,000.

Vanguard Long-Term Bond ETF Stock Performance

BLV opened at $68.84 on Wednesday. The company’s 50-day simple moving average is $68.48 and its two-hundred day simple moving average is $69.30. Vanguard Long-Term Bond ETF has a 52-week low of $66.49 and a 52-week high of $72.63.

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.