Richardson Financial Services Inc. Raises Stake in Vanguard Long-Term Bond ETF (NYSEARCA:BLV)

Richardson Financial Services Inc. lifted its stake in shares of Vanguard Long-Term Bond ETF (NYSEARCA:BLV) by 110.7% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 2,566 shares of the company’s stock after acquiring an additional 1,348 shares during the period. Richardson Financial Services Inc.’s holdings in Vanguard Long-Term Bond ETF were worth $187,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Olistico Wealth LLC purchased a new position in Vanguard Long-Term Bond ETF during the second quarter worth about $29,000. Palisade Asset Management LLC purchased a new stake in shares of Vanguard Long-Term Bond ETF during the 1st quarter valued at approximately $33,000. Anchor Investment Management LLC acquired a new position in Vanguard Long-Term Bond ETF in the second quarter valued at approximately $55,000. Farmers & Merchants Investments Inc. lifted its holdings in Vanguard Long-Term Bond ETF by 412.3% in the second quarter. Farmers & Merchants Investments Inc. now owns 789 shares of the company’s stock valued at $55,000 after acquiring an additional 635 shares during the last quarter. Finally, Sugarloaf Wealth Management LLC grew its position in Vanguard Long-Term Bond ETF by 38.8% in the second quarter. Sugarloaf Wealth Management LLC now owns 819 shares of the company’s stock worth $58,000 after acquiring an additional 229 shares during the period.

Vanguard Long-Term Bond ETF Price Performance

NYSEARCA:BLV traded down $0.30 on Friday, reaching $71.31. The company’s stock had a trading volume of 544,495 shares, compared to its average volume of 743,373. Vanguard Long-Term Bond ETF has a 12-month low of $63.55 and a 12-month high of $76.87. The stock has a 50 day moving average price of $74.30 and a 200 day moving average price of $71.96.

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).