Vanguard Extended Duration Treasury ETF (NYSEARCA:EDV) Sees Strong Trading Volume – What’s Next?

Vanguard Extended Duration Treasury ETF (NYSEARCA:EDV) shares saw unusually-strong trading volume on Friday . 4,372,730 shares were traded during trading, an increase of 253% from the previous session’s volume of 1,237,335 shares.The stock last traded at $59.0790 and had previously closed at $58.85.

Vanguard Extended Duration Treasury ETF Stock Performance

The stock’s 50-day moving average is $60.68 and its 200-day moving average is $63.27.

Institutional Trading of Vanguard Extended Duration Treasury ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in EDV. Beacon Capital Management Inc. raised its holdings in shares of Vanguard Extended Duration Treasury ETF by 141,708.4% in the fourth quarter. Beacon Capital Management Inc. now owns 507,674 shares of the company’s stock valued at $33,004,000 after purchasing an additional 507,316 shares during the last quarter. Quadrature Capital Ltd purchased a new position in Vanguard Extended Duration Treasury ETF in the fourth quarter valued at approximately $31,816,000. NBT Bank N A NY bought a new position in shares of Vanguard Extended Duration Treasury ETF during the 1st quarter worth $12,444,000. Tidal Investments LLC purchased a new position in shares of Vanguard Extended Duration Treasury ETF in the third quarter worth about $12,673,000. Finally, Cadence Wealth Management LLC grew its stake in Vanguard Extended Duration Treasury ETF by 80.6% in the 1st quarter. Cadence Wealth Management LLC now owns 383,603 shares of the company’s stock valued at $24,915,000 after buying an additional 171,253 shares in the last quarter.

About Vanguard Extended Duration Treasury ETF

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.