Family Investment Center Inc. Trims Holdings in Vanguard Long-Term Bond ETF (NYSEARCA:BLV)

Family Investment Center Inc. trimmed its holdings in shares of Vanguard Long-Term Bond ETF (NYSEARCA:BLV) by 24.7% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 187,767 shares of the company’s stock after selling 61,726 shares during the period. Vanguard Long-Term Bond ETF makes up about 3.3% of Family Investment Center Inc.’s investment portfolio, making the stock its 11th largest position. Family Investment Center Inc.’s holdings in Vanguard Long-Term Bond ETF were worth $12,849,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Crews Bank & Trust purchased a new position in shares of Vanguard Long-Term Bond ETF in the 4th quarter worth about $26,000. Harbor Investment Advisory LLC boosted its holdings in shares of Vanguard Long-Term Bond ETF by 415.8% in the 4th quarter. Harbor Investment Advisory LLC now owns 521 shares of the company’s stock worth $36,000 after purchasing an additional 420 shares in the last quarter. Wilmington Savings Fund Society FSB purchased a new position in shares of Vanguard Long-Term Bond ETF in the 3rd quarter worth about $52,000. Pinnacle Bancorp Inc. boosted its holdings in shares of Vanguard Long-Term Bond ETF by 1,193.5% in the 4th quarter. Pinnacle Bancorp Inc. now owns 802 shares of the company’s stock worth $55,000 after purchasing an additional 740 shares in the last quarter. Finally, Sugarloaf Wealth Management LLC boosted its holdings in shares of Vanguard Long-Term Bond ETF by 23.6% in the 3rd quarter. Sugarloaf Wealth Management LLC now owns 1,012 shares of the company’s stock worth $76,000 after purchasing an additional 193 shares in the last quarter.

Vanguard Long-Term Bond ETF Trading Down 0.5 %

BLV opened at $68.78 on Monday. The stock has a 50-day moving average price of $69.56 and a 200-day moving average price of $71.85. Vanguard Long-Term Bond ETF has a 12-month low of $66.64 and a 12-month high of $76.87.

Vanguard Long-Term Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Wednesday, February 5th. Stockholders of record on Monday, February 3rd will be issued a $0.2695 dividend. The ex-dividend date is Monday, February 3rd.

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).