Vanguard Extended Duration Treasury ETF (NYSEARCA:EDV) Reaches New 12-Month Low – What’s Next?

Vanguard Extended Duration Treasury ETF (NYSEARCA:EDV) reached a new 52-week low on Wednesday . The stock traded as low as $60.02 and last traded at $60.29, with a volume of 1259253 shares. The stock had previously closed at $61.94.

Vanguard Extended Duration Treasury ETF Stock Down 2.8%

The business’s 50 day moving average price is $63.33 and its 200-day moving average price is $64.64.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in EDV. Orographic Financial Advisors LLC acquired a new position in Vanguard Extended Duration Treasury ETF during the 1st quarter worth about $421,000. Cetera Investment Advisers lifted its position in shares of Vanguard Extended Duration Treasury ETF by 11.8% during the first quarter. Cetera Investment Advisers now owns 250,703 shares of the company’s stock worth $16,283,000 after purchasing an additional 26,487 shares in the last quarter. NewEdge Wealth LLC grew its stake in shares of Vanguard Extended Duration Treasury ETF by 119.6% during the first quarter. NewEdge Wealth LLC now owns 20,076 shares of the company’s stock valued at $1,304,000 after purchasing an additional 10,932 shares during the last quarter. Cadence Wealth Management LLC increased its holdings in shares of Vanguard Extended Duration Treasury ETF by 80.6% in the first quarter. Cadence Wealth Management LLC now owns 383,603 shares of the company’s stock valued at $24,915,000 after purchasing an additional 171,253 shares in the last quarter. Finally, One Wealth Map LLC raised 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 purchasing an additional 27,017 shares during the last quarter.

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.