Vanguard Long-Term Bond ETF (NYSEARCA:BLV) Sees Large Volume Increase – Still a Buy?

by · The Markets Daily

Vanguard Long-Term Bond ETF (NYSEARCA:BLV – Get Free Report) saw strong trading volume on Monday . 1,842,593 shares were traded during mid-day trading, an increase of 150% from the previous session’s volume of 736,009 shares.The stock last traded at $68.68 and had previously closed at $68.25.

Vanguard Long-Term Bond ETF Stock Performance

The stock has a 50 day simple moving average of $70.77 and a 200-day simple moving average of $72.34.

Institutional Trading of Vanguard Long-Term Bond ETF

A number of institutional investors and hedge funds have recently modified their holdings of BLV. B. Riley Wealth Advisors Inc. lifted its stake in Vanguard Long-Term Bond ETF by 10.3% during the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 106,892 shares of the company’s stock valued at $7,981,000 after acquiring an additional 9,982 shares during the period. Garden State Investment Advisory Services LLC lifted its position in Vanguard Long-Term Bond ETF by 3.9% during the third quarter. Garden State Investment Advisory Services LLC now owns 13,277 shares of the company’s stock valued at $1,003,000 after purchasing an additional 504 shares during the period. Peapack Gladstone Financial Corp purchased a new stake in Vanguard Long-Term Bond ETF in the third quarter worth approximately $237,000. Synovus Financial Corp grew its position in Vanguard Long-Term Bond ETF by 108.5% in the 3rd quarter. Synovus Financial Corp now owns 24,322 shares of the company’s stock worth $1,828,000 after purchasing an additional 12,659 shares during the period. Finally, Wilmington Savings Fund Society FSB bought a new stake in Vanguard Long-Term Bond ETF in the 3rd quarter worth approximately $52,000.

About Vanguard Long-Term Bond ETF

(Get Free Report)

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).

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