Asset Allocation & Management Company LLC Makes New Investment in Vanguard Long-Term Bond ETF $BLV

Asset Allocation & Management Company LLC acquired a new stake in Vanguard Long-Term Bond ETF (NYSEARCA:BLV) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 10,260 shares of the company’s stock, valued at approximately $713,000.

Several other institutional investors have also recently modified their holdings of BLV. Karpus Management Inc. boosted its holdings in shares of Vanguard Long-Term Bond ETF by 734.6% in the 2nd quarter. Karpus Management Inc. now owns 931,254 shares of the company’s stock valued at $64,759,000 after acquiring an additional 819,674 shares during the last quarter. Envestnet Asset Management Inc. boosted its holdings in Vanguard Long-Term Bond ETF by 6.2% in the third quarter. Envestnet Asset Management Inc. now owns 10,672,022 shares of the company’s stock valued at $756,113,000 after purchasing an additional 620,446 shares during the last quarter. Beacon Capital Management Inc. grew its position in Vanguard Long-Term Bond ETF by 83.6% during the 3rd quarter. Beacon Capital Management Inc. now owns 1,119,393 shares of the company’s stock worth $79,309,000 after purchasing an additional 509,835 shares during the period. Country Trust Bank grew its position in Vanguard Long-Term Bond ETF by 10,270.4% during the 3rd quarter. Country Trust Bank now owns 353,113 shares of the company’s stock worth $25,018,000 after purchasing an additional 349,708 shares during the period. Finally, Exchange Traded Concepts LLC raised its stake in shares of Vanguard Long-Term Bond ETF by 40.7% during the 3rd quarter. Exchange Traded Concepts LLC now owns 1,045,358 shares of the company’s stock valued at $74,064,000 after buying an additional 302,652 shares during the last quarter.

Vanguard Long-Term Bond ETF Trading Up 0.7%

NYSEARCA BLV opened at $68.74 on Thursday. The stock has a 50-day simple moving average of $69.96 and a two-hundred day simple moving average of $70.44. Vanguard Long-Term Bond ETF has a fifty-two week low of $65.71 and a fifty-two week high of $72.63.

Vanguard Long-Term Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were issued a $0.2511 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 4.4%.

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.