Vanguard Extended Duration Treasury ETF (NYSEARCA:EDV) Reaches New 1-Year Low – Here’s What Happened

Vanguard Extended Duration Treasury ETF (NYSEARCA:EDV) shares reached a new 52-week low on Thursday. The stock traded as low as $58.22 and last traded at $58.0270, with a volume of 479406 shares traded. The stock had previously closed at $58.85.

Vanguard Extended Duration Treasury ETF Price Performance

The firm has a 50-day moving average price of $60.00 and a two-hundred day moving average price of $62.61.

Institutional Trading of Vanguard Extended Duration Treasury ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in EDV. Cadence Wealth Management LLC lifted its stake in Vanguard Extended Duration Treasury ETF by 80.6% during the first quarter. Cadence Wealth Management LLC now owns 383,603 shares of the company’s stock worth $24,915,000 after purchasing an additional 171,253 shares in the last quarter. BNP Paribas Financial Markets lifted its stake in Vanguard Extended Duration Treasury ETF by 36.9% during the 4th quarter. BNP Paribas Financial Markets now owns 286,278 shares of the company’s stock worth $18,611,000 after acquiring an additional 77,135 shares in the last quarter. Cetera Investment Advisers boosted its holdings in Vanguard Extended Duration Treasury ETF by 11.8% during the 1st quarter. Cetera Investment Advisers now owns 250,703 shares of the company’s stock valued at $16,283,000 after acquiring an additional 26,487 shares during the period. NBT Bank N A NY acquired a new position in Vanguard Extended Duration Treasury ETF in the 1st quarter valued at about $12,444,000. Finally, Tidal Investments LLC increased its stake in Vanguard Extended Duration Treasury ETF by 1.5% during the second quarter. Tidal Investments LLC now owns 190,626 shares of the company’s stock worth $12,406,000 after purchasing an additional 2,887 shares during the period.

Vanguard Extended Duration Treasury ETF Company Profile

Vanguard Extended Duration Treasury ETF (the Fund) is an exchange-traded share class of Vanguard Extended Duration Treasury Index Fund. The Fund employs a passive management or indexing investment approach designed to track the performance of the Bloomberg Barclays U.S. Treasury STRIPS 20-30 Year Equal Par Bond Index. The Index measures the investment return of Treasury STRIPS, coupon and principal, with maturities ranging from 20 to 30 years. A Treasury STRIP represents a single coupon payment, or a single principal payment, from a United States Treasury security that has been stripped into separately tradable components.