Truist Financial Corp Boosts Stake in Vanguard Long-Term Bond ETF (NYSEARCA:BLV)

Truist Financial Corp lifted its holdings in Vanguard Long-Term Bond ETF (NYSEARCA:BLV) by 74.1% during the fourth quarter, Holdings Channel reports. The institutional investor owned 297,444 shares of the company’s stock after purchasing an additional 126,612 shares during the quarter. Truist Financial Corp’s holdings in Vanguard Long-Term Bond ETF were worth $20,354,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of BLV. Family Investment Center Inc. boosted its position in Vanguard Long-Term Bond ETF by 5,776.0% during the third quarter. Family Investment Center Inc. now owns 249,493 shares of the company’s stock worth $18,754,000 after purchasing an additional 245,247 shares in the last quarter. LPL Financial LLC raised its holdings in shares of Vanguard Long-Term Bond ETF by 6.9% in the third quarter. LPL Financial LLC now owns 2,534,316 shares of the company’s stock worth $190,505,000 after acquiring an additional 163,370 shares during the last quarter. PFW Advisors LLC acquired a new position in shares of Vanguard Long-Term Bond ETF in the fourth quarter worth $6,451,000. International Assets Investment Management LLC raised its holdings in shares of Vanguard Long-Term Bond ETF by 7,242.0% in the third quarter. International Assets Investment Management LLC now owns 78,853 shares of the company’s stock worth $5,927,000 after acquiring an additional 77,779 shares during the last quarter. Finally, Thrivent Financial for Lutherans raised its holdings in shares of Vanguard Long-Term Bond ETF by 96.2% in the third quarter. Thrivent Financial for Lutherans now owns 145,716 shares of the company’s stock worth $10,953,000 after acquiring an additional 71,432 shares during the last quarter.

Vanguard Long-Term Bond ETF Price Performance

NYSEARCA BLV opened at $69.06 on Thursday. Vanguard Long-Term Bond ETF has a fifty-two week low of $66.64 and a fifty-two week high of $76.87. The business has a fifty day moving average of $68.85 and a 200-day moving average of $71.65.

Vanguard Long-Term Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Wednesday, February 5th. Investors of record on Monday, February 3rd were paid a $0.2695 dividend. The ex-dividend date was Monday, February 3rd.

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).