Vanguard Extended Duration Treasury ETF (NYSEARCA:EDV) Sets New 52-Week Low – Time to Sell?

Vanguard Extended Duration Treasury ETF (NYSEARCA:EDV) shares reached a new 52-week low during trading on Monday . The stock traded as low as $58.95 and last traded at $58.95, with a volume of 38878 shares changing hands. The stock had previously closed at $59.43.

Vanguard Extended Duration Treasury ETF Stock Performance

The firm has a 50 day simple moving average of $62.47 and a two-hundred day simple moving average of $64.11.

Institutional Investors Weigh In On Vanguard Extended Duration Treasury ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Bank of America Corp DE grew its position in Vanguard Extended Duration Treasury ETF by 12.1% in the 2nd quarter. Bank of America Corp DE now owns 1,263,638 shares of the company’s stock valued at $85,043,000 after buying an additional 136,110 shares in the last quarter. Hantz Financial Services Inc. lifted its stake in shares of Vanguard Extended Duration Treasury ETF by 4.9% in the 4th quarter. Hantz Financial Services Inc. now owns 691,644 shares of the company’s stock worth $44,964,000 after acquiring an additional 32,238 shares during the period. Capital City Trust Co. FL acquired a new stake in shares of Vanguard Extended Duration Treasury ETF in the 4th quarter worth approximately $43,144,000. Beacon Capital Management Inc. boosted its holdings in shares of Vanguard Extended Duration Treasury ETF by 141,708.4% in the fourth quarter. Beacon Capital Management Inc. now owns 507,674 shares of the company’s stock valued at $33,004,000 after acquiring an additional 507,316 shares in the last quarter. Finally, Quadrature Capital Ltd bought a new position in shares of Vanguard Extended Duration Treasury ETF in the fourth quarter valued at approximately $31,816,000.

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.