Assetmark Inc. Increases Position in Vanguard Long-Term Bond ETF (NYSEARCA:BLV)

Assetmark Inc. lifted its position in Vanguard Long-Term Bond ETF (NYSEARCA:BLV) by 43.3% during the 4th quarter, Holdings Channel.com reports. The fund owned 108,638 shares of the company’s stock after acquiring an additional 32,852 shares during the period. Assetmark Inc.’s holdings in Vanguard Long-Term Bond ETF were worth $7,434,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Lincoln National Corp grew its stake in Vanguard Long-Term Bond ETF by 8.8% during the 4th quarter. Lincoln National Corp now owns 2,314,977 shares of the company’s stock valued at $158,414,000 after purchasing an additional 187,224 shares during the last quarter. SBI Securities Co. Ltd. acquired a new stake in shares of Vanguard Long-Term Bond ETF during the fourth quarter worth about $4,276,000. Jones Financial Companies Lllp boosted its position in Vanguard Long-Term Bond ETF by 104.9% in the fourth quarter. Jones Financial Companies Lllp now owns 27,997 shares of the company’s stock valued at $1,916,000 after buying an additional 14,331 shares during the last quarter. Smartleaf Asset Management LLC increased its holdings in Vanguard Long-Term Bond ETF by 59.2% in the 4th quarter. Smartleaf Asset Management LLC now owns 30,588 shares of the company’s stock worth $2,102,000 after buying an additional 11,372 shares during the period. Finally, Maia Wealth LLC raised its position in Vanguard Long-Term Bond ETF by 27.3% during the 4th quarter. Maia Wealth LLC now owns 15,603 shares of the company’s stock worth $1,080,000 after buying an additional 3,345 shares during the last quarter.

Vanguard Long-Term Bond ETF Stock Performance

Shares of NYSEARCA BLV opened at $70.04 on Friday. The company has a 50 day simple moving average of $69.08 and a two-hundred day simple moving average of $71.40. Vanguard Long-Term Bond ETF has a 12 month low of $66.65 and a 12 month high of $76.87.

Vanguard Long-Term Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Wednesday, March 5th. Investors of record on Monday, March 3rd were given a dividend of $0.2695 per share. The ex-dividend date was Monday, March 3rd.

Vanguard Long-Term Bond ETF 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).