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

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

Vanguard Extended Duration Treasury ETF Trading Down 0.8%

The company has a fifty day moving average price of $62.47 and a 200 day moving average price of $64.11.

Institutional Investors Weigh In On Vanguard Extended Duration Treasury ETF

Several large investors have recently added to or reduced their stakes in the stock. Focus Partners Wealth bought a new position in shares of Vanguard Extended Duration Treasury ETF during the first quarter worth about $528,000. Creative Planning acquired a new position in Vanguard Extended Duration Treasury ETF during the 2nd quarter valued at about $212,000. Alliancebernstein L.P. grew its position in Vanguard Extended Duration Treasury ETF by 1.1% in the 2nd quarter. Alliancebernstein L.P. now owns 245,797 shares of the company’s stock worth $16,542,000 after purchasing an additional 2,681 shares during the last quarter. Quantinno Capital Management LP acquired a new stake in shares of Vanguard Extended Duration Treasury ETF in the second quarter valued at approximately $277,000. Finally, Bank of America Corp DE increased its stake in shares of Vanguard Extended Duration Treasury ETF by 12.1% in the second quarter. Bank of America Corp DE now owns 1,263,638 shares of the company’s stock valued at $85,043,000 after purchasing an additional 136,110 shares during the period.

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.