Vanguard Long-Term Bond ETF (NYSEARCA:BLV) Sees Large Volume Increase – What’s Next?

Shares of Vanguard Long-Term Bond ETF (NYSEARCA:BLV) saw unusually-high trading volume on Tuesday . Approximately 5,641,396 shares were traded during mid-day trading, an increase of 694% from the previous session’s volume of 710,089 shares.The stock last traded at $68.25 and had previously closed at $69.28.

Vanguard Long-Term Bond ETF Trading Down 2.0 %

The business’s fifty day moving average price is $69.97 and its 200-day moving average price is $70.62.

Vanguard Long-Term Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, April 3rd. Shareholders of record on Tuesday, April 1st were paid a dividend of $0.2695 per share. The ex-dividend date was Tuesday, April 1st.

Institutional Investors Weigh In On Vanguard Long-Term Bond ETF

A number of institutional investors and hedge funds have recently bought and sold shares of BLV. Crews Bank & Trust purchased a new position in shares of Vanguard Long-Term Bond ETF in the 4th quarter worth approximately $26,000. Harbor Investment Advisory LLC lifted its holdings in Vanguard Long-Term Bond ETF by 415.8% during the fourth quarter. Harbor Investment Advisory LLC now owns 521 shares of the company’s stock worth $36,000 after acquiring an additional 420 shares during the period. Transce3nd LLC purchased a new position in Vanguard Long-Term Bond ETF in the fourth quarter worth $39,000. Parallel Advisors LLC grew its stake in Vanguard Long-Term Bond ETF by 48.4% in the 1st quarter. Parallel Advisors LLC now owns 638 shares of the company’s stock valued at $45,000 after purchasing an additional 208 shares during the period. Finally, Wilmington Savings Fund Society FSB purchased a new stake in shares of Vanguard Long-Term Bond ETF during the 3rd quarter valued at $52,000.

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).