Evergreen Wealth Management LLC Acquires 26,644 Shares of Vanguard Long-Term Bond ETF (NYSEARCA:BLV)

Evergreen Wealth Management LLC increased its stake in shares of Vanguard Long-Term Bond ETF (NYSEARCA:BLV) by 85.7% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 57,742 shares of the company’s stock after acquiring an additional 26,644 shares during the period. Vanguard Long-Term Bond ETF comprises approximately 3.2% of Evergreen Wealth Management LLC’s investment portfolio, making the stock its 10th largest holding. Evergreen Wealth Management LLC owned 0.07% of Vanguard Long-Term Bond ETF worth $4,306,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Envestnet Portfolio Solutions Inc. acquired a new stake in shares of Vanguard Long-Term Bond ETF in the third quarter valued at approximately $141,015,000. Charles Schwab Investment Management Inc. acquired a new stake in Vanguard Long-Term Bond ETF during the 3rd quarter valued at $78,000,000. Beacon Capital Management Inc. boosted its position in Vanguard Long-Term Bond ETF by 7,897.5% during the fourth quarter. Beacon Capital Management Inc. now owns 967,857 shares of the company’s stock worth $72,183,000 after purchasing an additional 955,755 shares during the period. Exchange Traded Concepts LLC acquired a new position in shares of Vanguard Long-Term Bond ETF in the fourth quarter valued at $52,032,000. Finally, Ameriprise Financial Inc. raised its position in shares of Vanguard Long-Term Bond ETF by 88.7% in the third quarter. Ameriprise Financial Inc. now owns 1,476,475 shares of the company’s stock valued at $99,003,000 after purchasing an additional 693,985 shares during the period.

Vanguard Long-Term Bond ETF Stock Performance

Shares of BLV stock traded up $0.65 during midday trading on Friday, hitting $69.37. 720,170 shares of the company were exchanged, compared to its average volume of 973,938. Vanguard Long-Term Bond ETF has a 52 week low of $62.95 and a 52 week high of $76.47. The firm’s 50 day moving average price is $70.50 and its two-hundred day moving average price is $70.60.

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).