Principal Financial Group Inc. Trims Holdings in Vanguard Long-Term Bond ETF (NYSEARCA:BLV)

Principal Financial Group Inc. reduced its holdings in shares of Vanguard Long-Term Bond ETF (NYSEARCA:BLV) by 1.6% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 372,620 shares of the company’s stock after selling 6,070 shares during the period. Principal Financial Group Inc. owned approximately 0.47% of Vanguard Long-Term Bond ETF worth $25,498,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently bought and sold shares of BLV. J.W. Cole Advisors Inc. grew its stake in shares of Vanguard Long-Term Bond ETF by 5.5% in the 4th quarter. J.W. Cole Advisors Inc. now owns 23,760 shares of the company’s stock valued at $1,626,000 after purchasing an additional 1,242 shares during the last quarter. Valmark Advisers Inc. lifted its holdings in shares of Vanguard Long-Term Bond ETF by 11.3% during the fourth quarter. Valmark Advisers Inc. now owns 40,853 shares of the company’s stock worth $2,796,000 after purchasing an additional 4,148 shares during the period. NYL Investors LLC lifted its holdings in shares of Vanguard Long-Term Bond ETF by 2.6% during the fourth quarter. NYL Investors LLC now owns 136,400 shares of the company’s stock worth $9,334,000 after purchasing an additional 3,500 shares during the period. Secured Retirement Advisors LLC grew its position in Vanguard Long-Term Bond ETF by 11.6% in the 4th quarter. Secured Retirement Advisors LLC now owns 10,849 shares of the company’s stock valued at $742,000 after buying an additional 1,131 shares during the last quarter. Finally, Allworth Financial LP increased its stake in Vanguard Long-Term Bond ETF by 106.6% in the 4th quarter. Allworth Financial LP now owns 2,868 shares of the company’s stock valued at $197,000 after buying an additional 1,480 shares during the period.

Vanguard Long-Term Bond ETF Stock Performance

Shares of Vanguard Long-Term Bond ETF stock opened at $69.84 on Friday. The firm has a fifty day moving average of $68.75 and a two-hundred day moving average of $71.59. Vanguard Long-Term Bond ETF has a one year low of $66.64 and a one year high of $76.87.

Vanguard Long-Term Bond ETF Cuts Dividend

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