Sagace Wealth Management LLC Sells 25,835 Shares of Vanguard Long-Term Bond ETF $BLV

Sagace Wealth Management LLC lessened its holdings in shares of Vanguard Long-Term Bond ETF (NYSEARCA:BLV) by 38.9% in the 1st quarter, Holdings Channel reports. The institutional investor owned 40,655 shares of the company’s stock after selling 25,835 shares during the quarter. Vanguard Long-Term Bond ETF accounts for about 1.9% of Sagace Wealth Management LLC’s portfolio, making the stock its 22nd largest position. Sagace Wealth Management LLC’s holdings in Vanguard Long-Term Bond ETF were worth $2,796,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of BLV. LPL Financial LLC raised its holdings in shares of Vanguard Long-Term Bond ETF by 8.3% in the fourth quarter. LPL Financial LLC now owns 3,235,906 shares of the company’s stock worth $224,960,000 after buying an additional 247,583 shares during the period. Lincoln National Corp increased its stake in Vanguard Long-Term Bond ETF by 2.2% in the fourth quarter. Lincoln National Corp now owns 2,561,847 shares of the company’s stock worth $178,100,000 after purchasing an additional 56,139 shares during the period. Envestnet Portfolio Solutions Inc. lifted its position in shares of Vanguard Long-Term Bond ETF by 4.7% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 2,379,624 shares of the company’s stock worth $165,431,000 after purchasing an additional 106,651 shares during the last quarter. Exchange Traded Concepts LLC lifted its position in shares of Vanguard Long-Term Bond ETF by 58.8% during the fourth quarter. Exchange Traded Concepts LLC now owns 1,659,604 shares of the company’s stock worth $115,376,000 after purchasing an additional 614,246 shares during the last quarter. Finally, Bank of New York Mellon Corp boosted its stake in shares of Vanguard Long-Term Bond ETF by 3.4% during the fourth quarter. Bank of New York Mellon Corp now owns 1,422,694 shares of the company’s stock valued at $98,906,000 after purchasing an additional 47,388 shares during the period.

Vanguard Long-Term Bond ETF Stock Performance

NYSEARCA BLV opened at $67.64 on Wednesday. The company’s 50-day moving average price is $68.41 and its 200-day moving average price is $69.23. Vanguard Long-Term Bond ETF has a 12 month low of $66.49 and a 12 month high of $72.63.

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). 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.