Keudell Morrison Wealth Management Makes New $349,000 Investment in Vanguard Long-Term Bond ETF $BLV

Keudell Morrison Wealth Management acquired a new stake in Vanguard Long-Term Bond ETF (NYSEARCA:BLV) in the 2nd quarter, HoldingsChannel.com reports. The firm acquired 5,015 shares of the company’s stock, valued at approximately $349,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Envestnet Asset Management Inc. grew its holdings in shares of Vanguard Long-Term Bond ETF by 4.3% in the first quarter. Envestnet Asset Management Inc. now owns 9,499,048 shares of the company’s stock valued at $668,923,000 after acquiring an additional 389,979 shares in the last quarter. Beacon Capital Management Inc. boosted its position in Vanguard Long-Term Bond ETF by 23,884.3% in the first quarter. Beacon Capital Management Inc. now owns 5,359,282 shares of the company’s stock worth $360,037,000 after purchasing an additional 5,336,937 shares during the last quarter. Envestnet Portfolio Solutions Inc. grew its stake in Vanguard Long-Term Bond ETF by 2.0% in the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 2,394,855 shares of the company’s stock valued at $168,646,000 after purchasing an additional 47,357 shares during the period. Lincoln National Corp grew its stake in Vanguard Long-Term Bond ETF by 2.8% in the 1st quarter. Lincoln National Corp now owns 2,380,778 shares of the company’s stock valued at $167,654,000 after purchasing an additional 65,801 shares during the period. Finally, Royal Bank of Canada increased its position in shares of Vanguard Long-Term Bond ETF by 0.3% during the 1st quarter. Royal Bank of Canada now owns 1,020,488 shares of the company’s stock valued at $71,863,000 after purchasing an additional 2,869 shares during the last quarter.

Vanguard Long-Term Bond ETF Trading Down 0.1%

NYSEARCA BLV opened at $70.90 on Friday. The business’s fifty day moving average is $69.88 and its 200-day moving average is $68.89. Vanguard Long-Term Bond ETF has a one year low of $65.71 and a one year high of $73.81.

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).