Flagstar Advisors Inc. Purchases 8,247 Shares of Vanguard Long-Term Bond ETF $BLV

Flagstar Advisors Inc. boosted its position in shares of Vanguard Long-Term Bond ETF (NYSEARCA:BLV) by 8.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 108,174 shares of the company’s stock after buying an additional 8,247 shares during the period. Vanguard Long-Term Bond ETF accounts for about 2.5% of Flagstar Advisors Inc.’s portfolio, making the stock its 5th largest holding. Flagstar Advisors Inc. owned 0.13% of Vanguard Long-Term Bond ETF worth $7,520,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Sunbelt Securities Inc. boosted its stake in shares of Vanguard Long-Term Bond ETF by 864.9% in the third quarter. Sunbelt Securities Inc. now owns 357 shares of the company’s stock worth $25,000 after acquiring an additional 320 shares during the last quarter. Colonial Trust Co SC acquired a new position in Vanguard Long-Term Bond ETF in the 3rd quarter valued at $31,000. Caitlin John LLC acquired a new position in Vanguard Long-Term Bond ETF in the 3rd quarter valued at $31,000. Mather Group LLC. purchased a new position in Vanguard Long-Term Bond ETF in the 3rd quarter valued at $33,000. Finally, Franklin Resources Inc. purchased a new position in Vanguard Long-Term Bond ETF in the 2nd quarter valued at $33,000.

Vanguard Long-Term Bond ETF Stock Down 0.8%

Shares of BLV opened at $68.16 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’s fifty day moving average is $69.92 and its two-hundred day moving average is $70.42.

Vanguard Long-Term Bond ETF Cuts Dividend

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

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). 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.