Hershey Financial Advisers LLC Makes New Investment in Vanguard Long-Term Bond ETF $BLV

Hershey Financial Advisers LLC purchased a new stake in Vanguard Long-Term Bond ETF (NYSEARCA:BLV) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 12,408 shares of the company’s stock, valued at approximately $863,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Cornerstone Financial Group LLC NE increased its holdings in Vanguard Long-Term Bond ETF by 15.0% in the second quarter. Cornerstone Financial Group LLC NE now owns 37,427 shares of the company’s stock valued at $2,603,000 after purchasing an additional 4,868 shares during the last quarter. Parr Mcknight Wealth Management Group LLC grew its position in shares of Vanguard Long-Term Bond ETF by 18.9% during the 2nd quarter. Parr Mcknight Wealth Management Group LLC now owns 40,952 shares of the company’s stock worth $2,848,000 after buying an additional 6,499 shares during the period. First Heartland Consultants Inc. increased its stake in shares of Vanguard Long-Term Bond ETF by 2.8% in the 2nd quarter. First Heartland Consultants Inc. now owns 48,940 shares of the company’s stock valued at $3,403,000 after acquiring an additional 1,318 shares during the last quarter. Florida Financial Advisors LLC bought a new stake in shares of Vanguard Long-Term Bond ETF in the 2nd quarter valued at about $253,000. Finally, Captrust Financial Advisors raised its position in shares of Vanguard Long-Term Bond ETF by 4.3% in the 2nd quarter. Captrust Financial Advisors now owns 8,262 shares of the company’s stock valued at $575,000 after acquiring an additional 344 shares during the period.

Vanguard Long-Term Bond ETF Stock Performance

Shares of NYSEARCA BLV opened at $69.51 on Friday. Vanguard Long-Term Bond ETF has a 52-week low of $65.71 and a 52-week high of $72.63. The firm has a 50 day moving average price of $71.02 and a 200 day moving average price of $69.78.

About Vanguard Long-Term Bond ETF

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).