Vanguard Extended Duration Treasury ETF (NYSEARCA:EDV) Sees Unusually-High Trading Volume – Should You Buy?

Vanguard Extended Duration Treasury ETF (NYSEARCA:EDV) saw unusually-high trading volume on Thursday . 2,422,589 shares traded hands during trading, an increase of 108% from the previous session’s volume of 1,162,990 shares.The stock last traded at $60.83 and had previously closed at $61.02.

Vanguard Extended Duration Treasury ETF Trading Up 0.1%

The firm has a 50-day moving average of $63.30 and a two-hundred day moving average of $64.69.

Hedge Funds Weigh In On Vanguard Extended Duration Treasury ETF

Large investors have recently made changes to their positions in the business. Orographic Financial Advisors LLC acquired a new stake in shares of Vanguard Extended Duration Treasury ETF during the first quarter worth approximately $421,000. Cetera Investment Advisers increased its stake in Vanguard Extended Duration Treasury ETF by 11.8% in the 1st quarter. Cetera Investment Advisers now owns 250,703 shares of the company’s stock valued at $16,283,000 after buying an additional 26,487 shares during the period. NewEdge Wealth LLC increased its stake in Vanguard Extended Duration Treasury ETF by 119.6% in the 1st quarter. NewEdge Wealth LLC now owns 20,076 shares of the company’s stock valued at $1,304,000 after buying an additional 10,932 shares during the period. Cadence Wealth Management LLC lifted its position 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 worth $24,915,000 after buying an additional 171,253 shares in the last quarter. Finally, One Wealth Map LLC lifted its position in Vanguard Extended Duration Treasury ETF by 17.5% in the 1st quarter. One Wealth Map LLC now owns 181,690 shares of the company’s stock worth $11,548,000 after buying an additional 27,017 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.