Vanguard Extended Duration Treasury ETF (NYSEARCA:EDV) Trading 3% Higher

Vanguard Extended Duration Treasury ETF (NYSEARCA:EDV)’s share price shot up 3% during mid-day trading on Friday . The company traded as high as $79.10 and last traded at $78.89. 543,890 shares traded hands during mid-day trading, an increase of 15% from the average session volume of 473,097 shares. The stock had previously closed at $76.57.

Vanguard Extended Duration Treasury ETF Price Performance

The company’s 50 day moving average is $73.92 and its 200 day moving average is $73.88.

Hedge Funds Weigh In On Vanguard Extended Duration Treasury ETF

A number of hedge funds have recently added to or reduced their stakes in EDV. Elevated Capital Advisors LLC bought a new stake in Vanguard Extended Duration Treasury ETF during the second quarter worth about $354,000. Drive Wealth Management LLC boosted its position in shares of Vanguard Extended Duration Treasury ETF by 82.5% during the 2nd quarter. Drive Wealth Management LLC now owns 15,484 shares of the company’s stock worth $1,137,000 after acquiring an additional 7,000 shares in the last quarter. Commonwealth Equity Services LLC increased its stake in Vanguard Extended Duration Treasury ETF by 12.6% in the second quarter. Commonwealth Equity Services LLC now owns 35,332 shares of the company’s stock valued at $2,594,000 after acquiring an additional 3,954 shares during the last quarter. Rothschild Investment LLC acquired a new position in shares of Vanguard Extended Duration Treasury ETF during the 2nd quarter worth $46,000. Finally, North Ridge Wealth Advisors Inc. lifted its holdings in shares of Vanguard Extended Duration Treasury ETF by 5.8% in the second quarter. North Ridge Wealth Advisors Inc. now owns 109,898 shares of the company’s stock worth $8,068,000 after acquiring an additional 6,053 shares during the last quarter.

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.