Vanguard Long-Term Bond ETF (NYSEARCA:BLV) Sets New 52-Week Low – Should You Sell?

Shares of Vanguard Long-Term Bond ETF (NYSEARCA:BLV) reached a new 52-week low on Tuesday . The stock traded as low as $67.40 and last traded at $67.56, with a volume of 137244 shares. The stock had previously closed at $68.00.

Vanguard Long-Term Bond ETF Trading Down 0.7 %

The business’s fifty day simple moving average is $70.53 and its 200-day simple moving average is $72.24.

Institutional Trading of Vanguard Long-Term Bond ETF

Hedge funds have recently bought and sold shares of the stock. Raymond James & Associates increased its position in Vanguard Long-Term Bond ETF by 35.5% in the third quarter. Raymond James & Associates now owns 56,869 shares of the company’s stock worth $4,275,000 after purchasing an additional 14,902 shares during the last quarter. Foundations Investment Advisors LLC grew its stake in shares of Vanguard Long-Term Bond ETF by 6.0% in the 3rd quarter. Foundations Investment Advisors LLC now owns 4,753 shares of the company’s stock worth $357,000 after buying an additional 267 shares in the last quarter. International Assets Investment Management LLC increased its holdings in shares of Vanguard Long-Term Bond ETF by 7,242.0% in the 3rd quarter. International Assets Investment Management LLC now owns 78,853 shares of the company’s stock worth $5,927,000 after buying an additional 77,779 shares during the last quarter. Bleakley Financial Group LLC raised its position in shares of Vanguard Long-Term Bond ETF by 2.2% during the 3rd quarter. Bleakley Financial Group LLC now owns 8,734 shares of the company’s stock valued at $657,000 after buying an additional 192 shares in the last quarter. Finally, Janney Montgomery Scott LLC lifted its holdings 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 valued at $32,114,000 after acquiring an additional 7,513 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).