Principal Financial Group Inc. Sells 15,642 Shares of Vanguard Long-Term Bond ETF $BLV

Principal Financial Group Inc. trimmed its position in shares of Vanguard Long-Term Bond ETF (NYSEARCA:BLV) by 4.3% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 347,466 shares of the company’s stock after selling 15,642 shares during the quarter. Principal Financial Group Inc. owned 0.43% of Vanguard Long-Term Bond ETF worth $24,618,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Franklin Resources Inc. bought a new position in Vanguard Long-Term Bond ETF during the second quarter worth about $33,000. Mather Group LLC. acquired a new position in shares of Vanguard Long-Term Bond ETF in the 3rd quarter valued at approximately $33,000. Silver Oak Securities Incorporated bought a new stake in Vanguard Long-Term Bond ETF during the 3rd quarter worth approximately $44,000. Cape Investment Advisory Inc. increased its stake in Vanguard Long-Term Bond ETF by 90.4% during the 2nd quarter. Cape Investment Advisory Inc. now owns 990 shares of the company’s stock worth $69,000 after purchasing an additional 470 shares in the last quarter. Finally, Huntington National Bank raised its holdings in Vanguard Long-Term Bond ETF by 3,476.7% during the 2nd quarter. Huntington National Bank now owns 1,073 shares of the company’s stock worth $75,000 after buying an additional 1,043 shares during the period.

Vanguard Long-Term Bond ETF Trading Up 0.1%

Vanguard Long-Term Bond ETF stock opened at $69.77 on Friday. The company has a 50 day moving average of $69.84 and a 200-day moving average of $70.21. Vanguard Long-Term Bond ETF has a twelve month low of $65.71 and a twelve month high of $72.63.

Vanguard Long-Term Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, February 4th. Investors of record on Monday, February 2nd were paid a $0.2775 dividend. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 4.8%.

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). 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.