Vanguard Extended Duration Treasury ETF (NYSEARCA:EDV) Reaches New 12-Month Low – Here’s Why

Vanguard Extended Duration Treasury ETF (NYSEARCA:EDV)’s share price reached a new 52-week low during mid-day trading on Wednesday. The stock traded as low as $55.67 and last traded at $56.15, with a volume of 2095574 shares. The stock had previously closed at $56.72.

Vanguard Extended Duration Treasury ETF Stock Performance

The stock has a fifty day simple moving average of $59.57 and a 200-day simple moving average of $62.30.

Hedge Funds Weigh In On Vanguard Extended Duration Treasury ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Continuum Advisory LLC acquired a new stake in shares of Vanguard Extended Duration Treasury ETF during the second quarter worth approximately $35,000. Integrated Wealth Concepts LLC acquired a new position in shares of Vanguard Extended Duration Treasury ETF in the 2nd quarter worth approximately $94,000. Buffalo Business & Estate Services Ltd. acquired a new position in shares of Vanguard Extended Duration Treasury ETF in the 1st quarter worth approximately $258,000. Corient Private Wealth LP grew its position in Vanguard Extended Duration Treasury ETF by 13.7% during the 2nd quarter. Corient Private Wealth LP now owns 5,340 shares of the company’s stock worth $348,000 after acquiring an additional 645 shares during the last quarter. Finally, Avise Financial Cooperative Inc. bought a new stake in Vanguard Extended Duration Treasury ETF during the 4th quarter worth approximately $354,000.

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.