Vanguard Extended Duration Treasury ETF (NYSEARCA:EDV) Sets New 1-Year Low – Here’s What Happened

Vanguard Extended Duration Treasury ETF (NYSEARCA:EDV)’s share price hit a new 52-week low during trading on Thursday . The company traded as low as $58.22 and last traded at $58.0270, with a volume of 479406 shares changing hands. The stock had previously closed at $58.85.

Vanguard Extended Duration Treasury ETF Stock Performance

The company’s 50-day moving average price is $60.18 and its 200-day moving average price is $62.72.

Institutional Trading of Vanguard Extended Duration Treasury ETF

A number of large investors have recently modified their holdings of EDV. Tidal Investments LLC raised its stake in shares of Vanguard Extended Duration Treasury ETF by 1.5% in the second quarter. Tidal Investments LLC now owns 190,626 shares of the company’s stock valued at $12,406,000 after acquiring an additional 2,887 shares in the last quarter. Integrated Wealth Concepts LLC acquired a new stake in Vanguard Extended Duration Treasury ETF in the 2nd quarter valued at about $94,000. NewEdge Advisors LLC purchased a new position in shares of Vanguard Extended Duration Treasury ETF in the 2nd quarter valued at about $729,000. Corient Private Wealth LP boosted its stake in shares of Vanguard Extended Duration Treasury ETF by 13.7% in the 2nd quarter. Corient Private Wealth LP now owns 5,340 shares of the company’s stock valued at $348,000 after buying an additional 645 shares during the period. Finally, Compass Financial Management LLC acquired a new position in shares of Vanguard Extended Duration Treasury ETF during the second quarter worth about $2,286,000.

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. 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.