Wealthfront Advisers LLC Trims Stock Holdings in Vanguard Long-Term Bond ETF $BLV

Wealthfront Advisers LLC trimmed its position in Vanguard Long-Term Bond ETF (NYSEARCA:BLV) by 40.1% during the 2nd quarter, Holdings Channel.com reports. The firm owned 35,295 shares of the company’s stock after selling 23,665 shares during the period. Wealthfront Advisers LLC’s holdings in Vanguard Long-Term Bond ETF were worth $2,454,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Atlatl Advisers LLC grew its stake in Vanguard Long-Term Bond ETF by 2.0% in the second quarter. Atlatl Advisers LLC now owns 22,036 shares of the company’s stock worth $1,532,000 after purchasing an additional 435 shares during the period. Prudent Man Advisors LLC grew its stake in shares of Vanguard Long-Term Bond ETF by 6.8% in the second quarter. Prudent Man Advisors LLC now owns 11,065 shares of the company’s stock worth $769,000 after acquiring an additional 700 shares during the last quarter. Freedom Investment Management Inc. grew its stake in shares of Vanguard Long-Term Bond ETF by 3.2% in the second quarter. Freedom Investment Management Inc. now owns 20,492 shares of the company’s stock worth $1,425,000 after acquiring an additional 626 shares during the last quarter. BCM Advisors LLC grew its stake in shares of Vanguard Long-Term Bond ETF by 6.9% in the second quarter. BCM Advisors LLC now owns 10,017 shares of the company’s stock worth $693,000 after acquiring an additional 643 shares during the last quarter. Finally, Brookstone Capital Management grew its stake in shares of Vanguard Long-Term Bond ETF by 9.5% in the second quarter. Brookstone Capital Management now owns 71,051 shares of the company’s stock worth $4,941,000 after acquiring an additional 6,167 shares during the last quarter.

Vanguard Long-Term Bond ETF Price Performance

NYSEARCA BLV opened at $71.95 on Thursday. Vanguard Long-Term Bond ETF has a 12 month low of $65.71 and a 12 month high of $73.13. The stock’s fifty day moving average price is $70.81 and its 200-day moving average price is $69.16.

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).