Royal Bank of Canada Has $69.64 Million Holdings in Vanguard Long-Term Bond ETF (NYSEARCA:BLV)

Royal Bank of Canada boosted its stake in Vanguard Long-Term Bond ETF (NYSEARCA:BLV) by 5.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,017,619 shares of the company’s stock after purchasing an additional 56,255 shares during the quarter. Royal Bank of Canada owned about 1.28% of Vanguard Long-Term Bond ETF worth $69,635,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Wealthfront Advisers LLC raised its stake in Vanguard Long-Term Bond ETF by 53,050.0% in the fourth quarter. Wealthfront Advisers LLC now owns 30,364,600 shares of the company’s stock valued at $2,077,850,000 after purchasing an additional 30,307,470 shares in the last quarter. LPL Financial LLC raised its stake in Vanguard Long-Term Bond ETF by 23.7% during the fourth quarter. LPL Financial LLC now owns 3,135,816 shares of the company’s stock worth $214,584,000 after acquiring an additional 601,500 shares in the last quarter. Envestnet Portfolio Solutions Inc. raised its stake in Vanguard Long-Term Bond ETF by 1.5% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 2,347,498 shares of the company’s stock worth $160,639,000 after acquiring an additional 33,587 shares in the last quarter. Lincoln National Corp raised its stake in Vanguard Long-Term Bond ETF by 8.8% during the fourth quarter. Lincoln National Corp now owns 2,314,977 shares of the company’s stock worth $158,414,000 after acquiring an additional 187,224 shares in the last quarter. Finally, Bank of New York Mellon Corp raised its stake in Vanguard Long-Term Bond ETF by 6.6% during the fourth quarter. Bank of New York Mellon Corp now owns 1,383,163 shares of the company’s stock worth $94,650,000 after acquiring an additional 86,231 shares in the last quarter.

Vanguard Long-Term Bond ETF Price Performance

Shares of NYSEARCA BLV opened at $67.18 on Wednesday. Vanguard Long-Term Bond ETF has a 12 month low of $65.86 and a 12 month high of $76.87. The stock has a 50-day moving average price of $68.80 and a two-hundred day moving average price of $69.49.

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).