First Commonwealth Financial Corp PA Invests $3.86 Million in Vanguard Extended Duration Treasury ETF $EDV

First Commonwealth Financial Corp PA bought a new position in Vanguard Extended Duration Treasury ETF (NYSEARCA:EDV) during the third quarter, Holdings Channel.com reports. The fund bought 56,444 shares of the company’s stock, valued at approximately $3,864,000. Vanguard Extended Duration Treasury ETF accounts for approximately 0.6% of First Commonwealth Financial Corp PA’s investment portfolio, making the stock its 26th largest position.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the business. Cassaday & Co Wealth Management LLC grew its position in Vanguard Extended Duration Treasury ETF by 232.4% in the third quarter. Cassaday & Co Wealth Management LLC now owns 52,741 shares of the company’s stock worth $3,610,000 after buying an additional 36,875 shares during the last quarter. Retirement Financial Solutions LLC acquired a new stake in shares of Vanguard Extended Duration Treasury ETF during the 3rd quarter valued at $5,976,000. BlackDiamond Wealth Management LLC acquired a new stake in shares of Vanguard Extended Duration Treasury ETF during the 2nd quarter valued at $555,000. Farther Finance Advisors LLC boosted its stake in shares of Vanguard Extended Duration Treasury ETF by 556.5% during the 3rd quarter. Farther Finance Advisors LLC now owns 35,227 shares of the company’s stock worth $2,411,000 after acquiring an additional 29,861 shares in the last quarter. Finally, Fluent Financial LLC bought a new stake in shares of Vanguard Extended Duration Treasury ETF during the 3rd quarter worth $30,456,000.

Vanguard Extended Duration Treasury ETF Stock Performance

Shares of NYSEARCA EDV opened at $65.71 on Wednesday. The stock’s fifty day simple moving average is $66.45 and its 200 day simple moving average is $67.37. Vanguard Extended Duration Treasury ETF has a 52-week low of $61.56 and a 52-week high of $73.68.

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.