Sovereign Financial Group Inc. Has $6.14 Million Holdings in Vanguard Long-Term Bond ETF $BLV

Sovereign Financial Group Inc. boosted its holdings in Vanguard Long-Term Bond ETF (NYSEARCA:BLV) by 26.2% during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 89,260 shares of the company’s stock after acquiring an additional 18,542 shares during the quarter. Vanguard Long-Term Bond ETF accounts for approximately 1.1% of Sovereign Financial Group Inc.’s investment portfolio, making the stock its 19th biggest holding. Sovereign Financial Group Inc. owned 0.10% of Vanguard Long-Term Bond ETF worth $6,139,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the stock. HT Partners LLC increased its holdings in Vanguard Long-Term Bond ETF by 0.7% during the 4th quarter. HT Partners LLC now owns 22,768 shares of the company’s stock worth $1,583,000 after purchasing an additional 149 shares in the last quarter. Allworth Financial LP raised its stake in shares of Vanguard Long-Term Bond ETF by 7.7% in the fourth quarter. Allworth Financial LP now owns 2,547 shares of the company’s stock worth $177,000 after purchasing an additional 182 shares during the last quarter. CGN Advisors LLC lifted its holdings in shares of Vanguard Long-Term Bond ETF by 4.3% in the fourth quarter. CGN Advisors LLC now owns 4,507 shares of the company’s stock valued at $313,000 after purchasing an additional 184 shares in the last quarter. United Advisor Group LLC lifted its holdings in shares of Vanguard Long-Term Bond ETF by 6.6% in the fourth quarter. United Advisor Group LLC now owns 3,013 shares of the company’s stock valued at $209,000 after purchasing an additional 186 shares in the last quarter. Finally, Center For Asset Management LLC lifted its holdings in shares of Vanguard Long-Term Bond ETF by 3.9% in the fourth quarter. Center For Asset Management LLC now owns 5,183 shares of the company’s stock valued at $360,000 after purchasing an additional 194 shares in the last quarter.

Vanguard Long-Term Bond ETF Stock Down 0.6%

Shares of NYSEARCA:BLV opened at $68.71 on Tuesday. The business’s 50 day moving average is $68.48 and its 200 day moving average is $69.32. Vanguard Long-Term Bond ETF has a 12-month low of $66.49 and a 12-month high of $72.63.

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.