Family Investment Center Inc. Sells 61,726 Shares of Vanguard Long-Term Bond ETF (NYSEARCA:BLV)

Family Investment Center Inc. lessened its stake in Vanguard Long-Term Bond ETF (NYSEARCA:BLV) by 24.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 187,767 shares of the company’s stock after selling 61,726 shares during the quarter. Vanguard Long-Term Bond ETF makes up about 3.3% of Family Investment Center Inc.’s holdings, making the stock its 11th largest position. Family Investment Center Inc. owned approximately 0.24% of Vanguard Long-Term Bond ETF worth $12,849,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently modified their holdings of the stock. Raymond James & Associates lifted its holdings in Vanguard Long-Term Bond ETF by 35.5% during the third quarter. Raymond James & Associates now owns 56,869 shares of the company’s stock worth $4,275,000 after acquiring an additional 14,902 shares during the period. Foundations Investment Advisors LLC raised its stake in shares of Vanguard Long-Term Bond ETF by 6.0% in the third quarter. Foundations Investment Advisors LLC now owns 4,753 shares of the company’s stock valued at $357,000 after buying an additional 267 shares during the period. International Assets Investment Management LLC raised its stake in shares of Vanguard Long-Term Bond ETF by 7,242.0% in the third quarter. International Assets Investment Management LLC now owns 78,853 shares of the company’s stock valued at $5,927,000 after buying an additional 77,779 shares during the period. Bleakley Financial Group LLC raised its stake in shares of Vanguard Long-Term Bond ETF by 2.2% in the third quarter. Bleakley Financial Group LLC now owns 8,734 shares of the company’s stock valued at $657,000 after buying an additional 192 shares during the period. Finally, Janney Montgomery Scott LLC raised its stake in shares of Vanguard Long-Term Bond ETF by 1.8% in the third quarter. Janney Montgomery Scott LLC now owns 427,224 shares of the company’s stock valued at $32,114,000 after buying an additional 7,513 shares during the period.

Vanguard Long-Term Bond ETF Stock Performance

Shares of BLV opened at $68.78 on Monday. The stock’s fifty day moving average price is $69.56 and its two-hundred day moving average price is $71.85. Vanguard Long-Term Bond ETF has a 1 year low of $66.64 and a 1 year high of $76.87.

Vanguard Long-Term Bond ETF Cuts Dividend

The company also recently announced a dividend, which will be paid on Wednesday, February 5th. Shareholders of record on Monday, February 3rd will be paid a $0.2695 dividend. The ex-dividend date of this dividend is Monday, February 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).