Summit Wealth Group LLC Lowers Stock Position in Vanguard Long-Term Bond ETF (NYSEARCA:BLV)

Summit Wealth Group LLC trimmed its stake in shares of Vanguard Long-Term Bond ETF (NYSEARCA:BLV) by 16.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 4,221 shares of the company’s stock after selling 843 shares during the period. Summit Wealth Group LLC’s holdings in Vanguard Long-Term Bond ETF were worth $289,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of BLV. Crews Bank & Trust acquired a new stake in shares of Vanguard Long-Term Bond ETF during the 4th quarter valued at approximately $26,000. Harbor Investment Advisory LLC lifted its position in shares of Vanguard Long-Term Bond ETF by 415.8% during the 4th quarter. Harbor Investment Advisory LLC now owns 521 shares of the company’s stock valued at $36,000 after acquiring an additional 420 shares during the period. Wilmington Savings Fund Society FSB acquired a new stake in shares of Vanguard Long-Term Bond ETF during the 3rd quarter valued at approximately $52,000. Pinnacle Bancorp Inc. lifted its position in shares of Vanguard Long-Term Bond ETF by 1,193.5% during the 4th quarter. Pinnacle Bancorp Inc. now owns 802 shares of the company’s stock valued at $55,000 after acquiring an additional 740 shares during the period. Finally, Kestra Investment Management LLC acquired a new stake in shares of Vanguard Long-Term Bond ETF during the 4th quarter valued at approximately $134,000.

Vanguard Long-Term Bond ETF Trading Up 1.3 %

BLV stock opened at $71.01 on Wednesday. The firm has a 50 day moving average of $68.75 and a 200-day moving average of $71.54. Vanguard Long-Term Bond ETF has a 12-month low of $66.64 and a 12-month high of $76.87.

Vanguard Long-Term Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, February 5th. Investors of record on Monday, February 3rd were given a dividend of $0.2695 per share. The ex-dividend date of this dividend was Monday, February 3rd.

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).