Vanguard Extended Duration Treasury ETF (NYSEARCA:EDV) Hits New 12-Month Low – Should You Sell?

Vanguard Extended Duration Treasury ETF (NYSEARCA:EDV)’s stock price hit a new 52-week low during trading on Tuesday . The stock traded as low as $64.81 and last traded at $64.87, with a volume of 147461 shares changing hands. The stock had previously closed at $65.27.

Vanguard Extended Duration Treasury ETF Trading Up 0.4 %

The stock’s 50-day moving average is $70.61 and its 200-day moving average is $74.59.

Hedge Funds Weigh In On Vanguard Extended Duration Treasury ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in EDV. Envestnet Asset Management Inc. boosted its stake in shares of Vanguard Extended Duration Treasury ETF by 8.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 975,540 shares of the company’s stock valued at $71,614,000 after purchasing an additional 79,511 shares during the last quarter. E Fund Management Co. Ltd. bought a new position in Vanguard Extended Duration Treasury ETF during the second quarter worth $734,000. Toronto Dominion Bank bought a new position in Vanguard Extended Duration Treasury ETF during the second quarter worth $38,000. Trinity Legacy Partners LLC boosted its stake in Vanguard Extended Duration Treasury ETF by 11.2% during the second quarter. Trinity Legacy Partners LLC now owns 20,888 shares of the company’s stock worth $1,533,000 after acquiring an additional 2,096 shares in the last quarter. Finally, The Manufacturers Life Insurance Company bought a new position in Vanguard Extended Duration Treasury ETF during the second quarter worth $361,000.

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.