Sovereign Financial Group Inc. Sells 707 Shares of Vanguard Long-Term Bond ETF (NYSEARCA:BLV)

Sovereign Financial Group Inc. lessened its stake in shares of Vanguard Long-Term Bond ETF (NYSEARCA:BLV) by 1.5% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 47,575 shares of the company’s stock after selling 707 shares during the period. Vanguard Long-Term Bond ETF comprises about 1.1% of Sovereign Financial Group Inc.’s holdings, making the stock its 21st biggest position. Sovereign Financial Group Inc.’s holdings in Vanguard Long-Term Bond ETF were worth $3,548,000 as of its most recent filing with the SEC.

Other large investors have also added to or reduced their stakes in the company. Provence Wealth Management Group purchased a new position in shares of Vanguard Long-Term Bond ETF in the third quarter worth about $25,000. Sugarloaf Wealth Management LLC bought a new position in shares of Vanguard Long-Term Bond ETF in the fourth quarter valued at approximately $25,000. Howe & Rusling Inc. bought a new position in shares of Vanguard Long-Term Bond ETF in the fourth quarter valued at approximately $28,000. Whittier Trust Co. bought a new position in shares of Vanguard Long-Term Bond ETF in the fourth quarter valued at approximately $30,000. Finally, Sound Income Strategies LLC bought a new stake in Vanguard Long-Term Bond ETF during the fourth quarter valued at approximately $36,000.

Vanguard Long-Term Bond ETF Trading Down 0.4 %

Vanguard Long-Term Bond ETF stock traded down $0.28 during mid-day trading on Wednesday, hitting $69.58. 327,915 shares of the company traded hands, compared to its average volume of 954,695. Vanguard Long-Term Bond ETF has a one year low of $62.95 and a one year high of $76.22. The stock has a fifty day moving average price of $70.44 and a 200-day moving average price of $70.74.

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).