Vanguard Extended Duration Treasury ETF (NYSEARCA:EDV) Shares Break Below 50 Day Moving Average – Here’s What Happened

Vanguard Extended Duration Treasury ETF (NYSEARCA:EDV) passed below its fifty day moving average during trading on Thursday. The stock has a fifty day moving average of $58.04 and traded as low as $57.40. Vanguard Extended Duration Treasury ETF shares last traded at $57.41, with a volume of 1,181,198 shares traded.

Vanguard Extended Duration Treasury ETF Price Performance

The business’s 50 day moving average is $58.04 and its 200-day moving average is $62.31.

Hedge Funds Weigh In On Vanguard Extended Duration Treasury ETF

Several hedge funds and other institutional investors have recently modified their holdings of the business. Continuum Advisory LLC bought a new stake in shares of Vanguard Extended Duration Treasury ETF during the 2nd quarter worth $35,000. Harbour Investments Inc. bought a new position in Vanguard Extended Duration Treasury ETF in the third quarter valued at about $40,000. Integrated Wealth Concepts LLC acquired a new position in Vanguard Extended Duration Treasury ETF during the second quarter worth about $94,000. New Harbor Financial Group LLC acquired a new position in Vanguard Extended Duration Treasury ETF during the third quarter worth about $216,000. Finally, Sanders Morris Harris LLC acquired a new position in Vanguard Extended Duration Treasury ETF during the third quarter worth about $287,000.

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.