Vanguard Long-Term Bond ETF (NYSEARCA:BLV) Reaches New 1-Year Low – What’s Next?

Vanguard Long-Term Bond ETF (NYSEARCA:BLV) shares reached a new 52-week low during trading on Wednesday . The stock traded as low as $64.49 and last traded at $64.47, with a volume of 363400 shares traded. The stock had previously closed at $65.57.

Vanguard Long-Term Bond ETF Stock Performance

The business has a 50 day moving average of $66.08 and a two-hundred day moving average of $67.70.

Institutional Trading of Vanguard Long-Term Bond ETF

Several hedge funds have recently modified their holdings of BLV. Sound Income Strategies LLC raised its holdings in shares of Vanguard Long-Term Bond ETF by 148.0% during the first quarter. Sound Income Strategies LLC now owns 372 shares of the company’s stock worth $25,000 after purchasing an additional 222 shares during the last quarter. Key Financial Inc boosted its holdings in Vanguard Long-Term Bond ETF by 114.0% in the fourth quarter. Key Financial Inc now owns 473 shares of the company’s stock valued at $33,000 after purchasing an additional 252 shares during the last quarter. Continuum Advisory LLC purchased a new stake in Vanguard Long-Term Bond ETF in the second quarter valued at $35,000. Legacy Wealth Managment LLC ID grew its position in Vanguard Long-Term Bond ETF by 18.6% during the 1st quarter. Legacy Wealth Managment LLC ID now owns 1,371 shares of the company’s stock worth $94,000 after purchasing an additional 215 shares during the period. Finally, Caldwell Trust Co acquired a new stake in Vanguard Long-Term Bond ETF during the 1st quarter worth about $129,000.

Vanguard Long-Term Bond ETF Company 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.