Vanguard Long-Term Bond ETF (NYSEARCA:BLV) Sees Unusually-High Trading Volume – Here’s What Happened

Vanguard Long-Term Bond ETF (NYSEARCA:BLV) shares saw unusually-high trading volume on Tuesday . Approximately 1,360,302 shares traded hands during mid-day trading, an increase of 78% from the previous session’s volume of 765,718 shares.The stock last traded at $66.69 and had previously closed at $66.93.

Vanguard Long-Term Bond ETF Stock Performance

The firm’s 50 day simple moving average is $70.15 and its 200-day simple moving average is $72.09.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. LPL Financial LLC grew its stake in Vanguard Long-Term Bond ETF by 6.9% during the 3rd quarter. LPL Financial LLC now owns 2,534,316 shares of the company’s stock valued at $190,505,000 after purchasing an additional 163,370 shares in the last quarter. Cetera Investment Advisers grew its position in shares of Vanguard Long-Term Bond ETF by 2.2% during the second quarter. Cetera Investment Advisers now owns 512,879 shares of the company’s stock worth $36,050,000 after buying an additional 10,816 shares in the last quarter. Greystone Financial Group LLC boosted its stake in Vanguard Long-Term Bond ETF by 2.1% during the 3rd quarter. Greystone Financial Group LLC now owns 490,499 shares of the company’s stock valued at $36,871,000 after acquiring an additional 10,082 shares during the last quarter. Commonwealth Equity Services LLC grew its holdings in Vanguard Long-Term Bond ETF by 338.8% during the 3rd quarter. Commonwealth Equity Services LLC now owns 471,479 shares of the company’s stock worth $35,441,000 after acquiring an additional 364,040 shares in the last quarter. Finally, Janney Montgomery Scott LLC increased its position in shares of Vanguard Long-Term Bond ETF by 1.8% in the 3rd quarter. Janney Montgomery Scott LLC now owns 427,224 shares of the company’s stock worth $32,114,000 after purchasing an additional 7,513 shares during the last quarter.

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).