Vanguard Long-Term Bond ETF (NYSEARCA:BLV) Sets New 1-Year Low – Time to Sell?

Shares of Vanguard Long-Term Bond ETF (NYSEARCA:BLV) reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $66.54 and last traded at $66.35, with a volume of 484023 shares trading hands. The stock had previously closed at $67.89.

Vanguard Long-Term Bond ETF Stock Up 0.7 %

The company has a fifty day moving average of $69.92 and a 200 day moving average of $70.54.

Institutional Trading of Vanguard Long-Term Bond ETF

Several hedge funds have recently modified their holdings of the stock. HighTower Advisors LLC boosted its holdings in Vanguard Long-Term Bond ETF by 33.5% in the third quarter. HighTower Advisors LLC now owns 17,947 shares of the company’s stock worth $1,357,000 after acquiring an additional 4,499 shares in the last quarter. IHT Wealth Management LLC lifted its holdings in shares of Vanguard Long-Term Bond ETF by 12.4% in the 3rd quarter. IHT Wealth Management LLC now owns 4,424 shares of the company’s stock worth $333,000 after purchasing an additional 489 shares in the last quarter. MML Investors Services LLC grew its position in Vanguard Long-Term Bond ETF by 1.6% in the 3rd quarter. MML Investors Services LLC now owns 230,680 shares of the company’s stock valued at $17,340,000 after purchasing an additional 3,581 shares during the period. Continuum Advisory LLC increased its stake in Vanguard Long-Term Bond ETF by 25.5% during the 3rd quarter. Continuum Advisory LLC now owns 2,531 shares of the company’s stock valued at $178,000 after purchasing an additional 515 shares in the last quarter. Finally, TD Private Client Wealth LLC raised its holdings in Vanguard Long-Term Bond ETF by 5.9% during the third quarter. TD Private Client Wealth LLC now owns 110,799 shares of the company’s stock worth $8,329,000 after buying an additional 6,149 shares during the last quarter.

Vanguard Long-Term Bond ETF Company 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).