Maripau Wealth Management LLC Invests $443,000 in Vanguard Long-Term Bond ETF (NYSEARCA:BLV)

Maripau Wealth Management LLC purchased a new position in shares of Vanguard Long-Term Bond ETF (NYSEARCA:BLV) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 6,477 shares of the company’s stock, valued at approximately $443,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Veridan Wealth LLC acquired a new stake in shares of Vanguard Long-Term Bond ETF during the 4th quarter worth approximately $4,533,000. Kovack Advisors Inc. grew its holdings in Vanguard Long-Term Bond ETF by 3.3% in the 4th quarter. Kovack Advisors Inc. now owns 7,570 shares of the company’s stock worth $518,000 after buying an additional 242 shares in the last quarter. Argonautica Private Wealth Management Inc. grew its holdings in Vanguard Long-Term Bond ETF by 8.0% in the 4th quarter. Argonautica Private Wealth Management Inc. now owns 4,053 shares of the company’s stock worth $277,000 after buying an additional 299 shares in the last quarter. Bank of New York Mellon Corp grew its holdings in Vanguard Long-Term Bond ETF by 6.6% in the 4th quarter. Bank of New York Mellon Corp now owns 1,383,163 shares of the company’s stock worth $94,650,000 after buying an additional 86,231 shares in the last quarter. Finally, Transcendent Capital Group LLC grew its holdings in Vanguard Long-Term Bond ETF by 11.4% in the 4th quarter. Transcendent Capital Group LLC now owns 21,357 shares of the company’s stock worth $1,461,000 after buying an additional 2,192 shares in the last quarter.

Vanguard Long-Term Bond ETF Price Performance

Shares of BLV stock opened at $71.56 on Friday. Vanguard Long-Term Bond ETF has a 12-month low of $66.64 and a 12-month high of $76.87. The business has a 50 day simple moving average of $68.88 and a 200 day simple moving average of $71.52.

Vanguard Long-Term Bond ETF Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Wednesday, March 5th. Investors of record on Monday, March 3rd will be issued a $0.2695 dividend. The ex-dividend date of this dividend is Monday, March 3rd.

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).