Charles Schwab Investment Management Inc. Decreases Stock Holdings in Vanguard Long-Term Bond ETF (NYSEARCA:BLV)

Charles Schwab Investment Management Inc. lowered its stake in shares of Vanguard Long-Term Bond ETF (NYSEARCA:BLV) by 8.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 468,455 shares of the company’s stock after selling 45,560 shares during the period. Charles Schwab Investment Management Inc. owned about 0.59% of Vanguard Long-Term Bond ETF worth $32,056,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. LPL Financial LLC lifted its holdings in shares of Vanguard Long-Term Bond ETF by 6.9% in the third quarter. LPL Financial LLC now owns 2,534,316 shares of the company’s stock valued at $190,505,000 after purchasing an additional 163,370 shares in the last quarter. Lincoln National Corp lifted its holdings in shares of Vanguard Long-Term Bond ETF by 8.8% in the fourth 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 in the last quarter. Bank of New York Mellon Corp lifted its holdings in shares of Vanguard Long-Term Bond ETF by 6.6% in the fourth quarter. Bank of New York Mellon Corp now owns 1,383,163 shares of the company’s stock valued at $94,650,000 after purchasing an additional 86,231 shares in the last quarter. ETF Portfolio Partners Inc. raised its position in shares of Vanguard Long-Term Bond ETF by 13.7% in the fourth quarter. ETF Portfolio Partners Inc. now owns 431,041 shares of the company’s stock valued at $29,496,000 after buying an additional 51,804 shares during the last quarter. Finally, Truist Financial Corp raised its position in shares of Vanguard Long-Term Bond ETF by 74.1% in the fourth quarter. Truist Financial Corp now owns 297,444 shares of the company’s stock valued at $20,354,000 after buying an additional 126,612 shares during the last quarter.

Vanguard Long-Term Bond ETF Price Performance

NYSEARCA:BLV opened at $69.96 on Monday. The firm has a 50 day simple moving average of $69.24 and a 200-day simple moving average of $71.19. Vanguard Long-Term Bond ETF has a 1-year low of $66.65 and a 1-year high of $76.87.

Vanguard Long-Term Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd were given a $0.2695 dividend. The ex-dividend date of this dividend was Monday, March 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).