Freedom Investment Management Inc. Has $1.31 Million Stake in Vanguard Long-Term Bond ETF (NYSEARCA:BLV)

Freedom Investment Management Inc. reduced its stake in Vanguard Long-Term Bond ETF (NYSEARCA:BLV) by 3.0% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 19,206 shares of the company’s stock after selling 586 shares during the period. Freedom Investment Management Inc.’s holdings in Vanguard Long-Term Bond ETF were worth $1,314,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Invst LLC increased its holdings in Vanguard Long-Term Bond ETF by 48.9% in the 3rd quarter. Invst LLC now owns 8,058 shares of the company’s stock worth $606,000 after purchasing an additional 2,645 shares in the last quarter. World Investment Advisors LLC increased its stake in shares of Vanguard Long-Term Bond ETF by 20.2% in the third quarter. World Investment Advisors LLC now owns 4,449 shares of the company’s stock valued at $334,000 after buying an additional 748 shares during the period. Wilmington Savings Fund Society FSB bought a new position in Vanguard Long-Term Bond ETF in the 3rd quarter valued at approximately $52,000. Synovus Financial Corp boosted its position in Vanguard Long-Term Bond ETF by 108.5% during the 3rd quarter. Synovus Financial Corp now owns 24,322 shares of the company’s stock worth $1,828,000 after buying an additional 12,659 shares during the period. Finally, Peapack Gladstone Financial Corp bought a new stake in Vanguard Long-Term Bond ETF during the 3rd quarter worth approximately $237,000.

Vanguard Long-Term Bond ETF Stock Performance

Shares of NYSEARCA BLV opened at $68.12 on Friday. The firm has a 50 day moving average price of $69.71 and a two-hundred day moving average price of $70.16. Vanguard Long-Term Bond ETF has a 52-week low of $65.86 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).