Raymond James Financial Inc. Acquires Shares of 256,445 Vanguard Long-Term Bond ETF (NYSEARCA:BLV)

Raymond James Financial Inc. acquired a new stake in Vanguard Long-Term Bond ETF (NYSEARCA:BLV) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 256,445 shares of the company’s stock, valued at approximately $17,549,000. Raymond James Financial Inc. owned 0.32% of Vanguard Long-Term Bond ETF at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in BLV. Lincoln National Corp raised its position in 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 during the period. LPL Financial LLC grew its stake in shares of Vanguard Long-Term Bond ETF by 6.9% during the third quarter. LPL Financial LLC now owns 2,534,316 shares of the company’s stock valued at $190,505,000 after acquiring an additional 163,370 shares in the last quarter. Truist Financial Corp grew its stake in shares of Vanguard Long-Term Bond ETF by 74.1% during the fourth quarter. Truist Financial Corp now owns 297,444 shares of the company’s stock valued at $20,354,000 after acquiring an additional 126,612 shares in the last quarter. Trinity Legacy Partners LLC acquired a new stake in shares of Vanguard Long-Term Bond ETF during the fourth quarter valued at about $7,542,000. Finally, PFW Advisors LLC acquired a new stake in shares of Vanguard Long-Term Bond ETF during the fourth quarter valued at about $6,451,000.

Vanguard Long-Term Bond ETF Stock Performance

Shares of Vanguard Long-Term Bond ETF stock opened at $70.20 on Tuesday. The business has a 50-day moving average of $69.28 and a 200-day moving average of $71.16. 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 firm also recently announced a dividend, which was paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd were paid a dividend of $0.2695 per share. The ex-dividend date was Monday, March 3rd.

About Vanguard Long-Term Bond ETF

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).