Focus Financial Network Inc. Sells 153 Shares of Vanguard Long-Term Bond ETF (NYSEARCA:BLV)

Focus Financial Network Inc. lessened its holdings in Vanguard Long-Term Bond ETF (NYSEARCA:BLV) by 0.4% during the first quarter, Holdings Channel reports. The fund owned 34,417 shares of the company’s stock after selling 153 shares during the period. Focus Financial Network Inc.’s holdings in Vanguard Long-Term Bond ETF were worth $2,424,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in BLV. Wealthfront Advisers LLC boosted its position in shares of Vanguard Long-Term Bond ETF by 53,050.0% in the fourth quarter. Wealthfront Advisers LLC now owns 30,364,600 shares of the company’s stock valued at $2,077,850,000 after acquiring an additional 30,307,470 shares during the period. LPL Financial LLC grew its stake in shares of Vanguard Long-Term Bond ETF by 23.7% in the fourth quarter. LPL Financial LLC now owns 3,135,816 shares of the company’s stock valued at $214,584,000 after acquiring an additional 601,500 shares in the last quarter. Envestnet Portfolio Solutions Inc. grew its stake in shares of Vanguard Long-Term Bond ETF by 1.5% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 2,347,498 shares of the company’s stock valued at $160,639,000 after acquiring an additional 33,587 shares in the last quarter. Lincoln National Corp grew its stake in shares of Vanguard Long-Term Bond ETF by 8.8% in the fourth quarter. Lincoln National Corp now owns 2,314,977 shares of the company’s stock valued at $158,414,000 after acquiring an additional 187,224 shares in the last quarter. Finally, Bank of New York Mellon Corp grew its stake in shares of Vanguard Long-Term Bond ETF by 6.6% in the fourth quarter. Bank of New York Mellon Corp now owns 1,383,163 shares of the company’s stock valued at $94,650,000 after acquiring an additional 86,231 shares in the last quarter.

Vanguard Long-Term Bond ETF Stock Performance

BLV stock opened at $68.00 on Thursday. The company’s 50-day simple moving average is $67.85 and its 200 day simple moving average is $69.13. Vanguard Long-Term Bond ETF has a 52 week low of $65.71 and a 52 week high of $76.87.

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).