Traders Purchase High Volume of Call Options on Vanguard Extended Duration Treasury ETF (NYSEARCA:EDV)

Vanguard Extended Duration Treasury ETF (NYSEARCA:EDV) was the target of unusually large options trading on Tuesday. Stock investors acquired 5,186 call options on the stock. This represents an increase of 662% compared to the typical daily volume of 681 call options.

Institutional Investors Weigh In On Vanguard Extended Duration Treasury ETF

A number of hedge funds have recently modified their holdings of the company. Mirae Asset Global Investments Co. Ltd. purchased a new stake in Vanguard Extended Duration Treasury ETF in the third quarter valued at approximately $65,610,000. Capital City Trust Co. FL purchased a new stake in shares of Vanguard Extended Duration Treasury ETF during the 3rd quarter worth $44,300,000. Cadence Wealth Management LLC lifted its position in 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 acquiring an additional 171,253 shares during the last quarter. NBT Bank N.A. acquired a new stake in shares of Vanguard Extended Duration Treasury ETF in the 3rd quarter valued at about $4,382,000. Finally, Columbus Macro LLC purchased a new position in shares of Vanguard Extended Duration Treasury ETF during the third quarter worth about $4,224,000.

Vanguard Extended Duration Treasury ETF Price Performance

Shares of EDV stock traded down $0.77 during trading hours on Tuesday, reaching $58.82. The company had a trading volume of 545,024 shares, compared to its average volume of 1,391,774. Vanguard Extended Duration Treasury ETF has a 12-month low of $53.40 and a 12-month high of $69.42. The stock has a fifty day moving average of $58.28 and a 200-day moving average of $62.58.

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.