Envestnet Portfolio Solutions Inc. Sells 139,376 Shares of Vanguard Long-Term Bond ETF $BLV

Envestnet Portfolio Solutions Inc. reduced its stake in shares of Vanguard Long-Term Bond ETF (NYSEARCA:BLV) by 5.8% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 2,255,479 shares of the company’s stock after selling 139,376 shares during the period. Envestnet Portfolio Solutions Inc. owned about 2.74% of Vanguard Long-Term Bond ETF worth $156,846,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Envestnet Asset Management Inc. increased its holdings in Vanguard Long-Term Bond ETF by 4.3% during the 1st quarter. Envestnet Asset Management Inc. now owns 9,499,048 shares of the company’s stock worth $668,923,000 after purchasing an additional 389,979 shares in the last quarter. Beacon Capital Management Inc. boosted its stake in shares of Vanguard Long-Term Bond ETF by 23,884.3% in the 1st quarter. Beacon Capital Management Inc. now owns 5,359,282 shares of the company’s stock worth $360,037,000 after buying an additional 5,336,937 shares during the last quarter. Lincoln National Corp boosted its stake in shares of Vanguard Long-Term Bond ETF by 2.8% in the 1st quarter. Lincoln National Corp now owns 2,380,778 shares of the company’s stock worth $167,654,000 after buying an additional 65,801 shares during the last quarter. Royal Bank of Canada boosted its stake in shares of Vanguard Long-Term Bond ETF by 0.3% in the 1st quarter. Royal Bank of Canada now owns 1,020,488 shares of the company’s stock worth $71,863,000 after buying an additional 2,869 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its stake in shares of Vanguard Long-Term Bond ETF by 21.7% in the 1st quarter. Ameriprise Financial Inc. now owns 1,011,554 shares of the company’s stock worth $71,310,000 after buying an additional 180,207 shares during the last quarter.

Vanguard Long-Term Bond ETF Stock Performance

Shares of NYSEARCA BLV opened at $71.31 on Monday. Vanguard Long-Term Bond ETF has a twelve month low of $65.71 and a twelve month high of $73.76. The stock’s 50 day moving average price is $70.07 and its 200-day moving average price is $68.91.

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).