Vanguard Extended Duration Treasury ETF (NYSEARCA:EDV) Sets New 52-Week Low – What’s Next?

Vanguard Extended Duration Treasury ETF (NYSEARCA:EDV) reached a new 52-week low during trading on Friday . The stock traded as low as $61.45 and last traded at $61.49, with a volume of 359235 shares. The stock had previously closed at $62.82.

Vanguard Extended Duration Treasury ETF Price Performance

The stock’s fifty day moving average is $64.70 and its 200-day moving average is $66.19.

Institutional Investors Weigh In On Vanguard Extended Duration Treasury ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Arax Advisory Partners purchased a new stake in Vanguard Extended Duration Treasury ETF in the fourth quarter valued at $38,000. Caitlin John LLC acquired a new stake in shares of Vanguard Extended Duration Treasury ETF during the 3rd quarter worth about $60,000. MAI Capital Management increased its position in shares of Vanguard Extended Duration Treasury ETF by 1,931.8% during the 3rd quarter. MAI Capital Management now owns 894 shares of the company’s stock worth $61,000 after purchasing an additional 850 shares during the last quarter. Kestra Advisory Services LLC purchased a new stake in Vanguard Extended Duration Treasury ETF in the 4th quarter valued at about $102,000. Finally, Elevated Capital Advisors LLC acquired a new position in Vanguard Extended Duration Treasury ETF in the fourth quarter valued at about $149,000.

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.