Richardson Financial Services Inc. Has $86,000 Holdings in Vanguard Long-Term Bond ETF (NYSEARCA:BLV)

Richardson Financial Services Inc. boosted its holdings in shares of Vanguard Long-Term Bond ETF (NYSEARCA:BLV) by 20.6% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 1,218 shares of the company’s stock after buying an additional 208 shares during the period. Richardson Financial Services Inc.’s holdings in Vanguard Long-Term Bond ETF were worth $86,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the business. Olistico Wealth LLC acquired a new stake in shares of Vanguard Long-Term Bond ETF in the second quarter worth about $29,000. Parallel Advisors LLC lifted its holdings in Vanguard Long-Term Bond ETF by 751.1% in the 4th quarter. Parallel Advisors LLC now owns 400 shares of the company’s stock worth $30,000 after purchasing an additional 353 shares during the last quarter. Palisade Asset Management LLC bought a new stake in Vanguard Long-Term Bond ETF during the first quarter worth approximately $33,000. Farmers & Merchants Investments Inc. boosted its position in Vanguard Long-Term Bond ETF by 412.3% during the second quarter. Farmers & Merchants Investments Inc. now owns 789 shares of the company’s stock worth $55,000 after purchasing an additional 635 shares during the period. Finally, Sugarloaf Wealth Management LLC grew its holdings in Vanguard Long-Term Bond ETF by 38.8% during the second quarter. Sugarloaf Wealth Management LLC now owns 819 shares of the company’s stock valued at $58,000 after purchasing an additional 229 shares during the last quarter.

Vanguard Long-Term Bond ETF Price Performance

NYSEARCA:BLV opened at $75.70 on Friday. The company’s 50 day moving average is $73.70 and its 200-day moving average is $71.61. Vanguard Long-Term Bond ETF has a 12 month low of $62.95 and a 12 month high of $76.87.

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).