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

Vanguard Extended Duration Treasury ETF (NYSEARCA:EDV) shares hit a new 52-week low on Thursday . The company traded as low as $58.22 and last traded at $58.0270, with a volume of 479406 shares changing hands. The stock had previously closed at $58.85.

Vanguard Extended Duration Treasury ETF Stock Down 1.3%

The firm has a fifty day moving average of $60.18 and a 200 day moving average of $62.72.

Institutional Investors Weigh In On Vanguard Extended Duration Treasury ETF

Institutional investors have recently added to or reduced their stakes in the business. Cadence Wealth Management LLC grew its holdings in shares of Vanguard Extended Duration Treasury ETF by 80.6% during the first quarter. Cadence Wealth Management LLC now owns 383,603 shares of the company’s stock worth $24,915,000 after purchasing an additional 171,253 shares during the last quarter. Valtinson Bruner Financial Planning LLC boosted its position in shares of Vanguard Extended Duration Treasury ETF by 5.6% in the 4th quarter. Valtinson Bruner Financial Planning LLC now owns 319,639 shares of the company’s stock valued at $20,780,000 after purchasing an additional 16,889 shares during the period. BNP Paribas Financial Markets grew its stake in Vanguard Extended Duration Treasury ETF by 36.9% during the 4th quarter. BNP Paribas Financial Markets now owns 286,278 shares of the company’s stock worth $18,611,000 after buying an additional 77,135 shares during the last quarter. Cetera Investment Advisers grew its stake in Vanguard Extended Duration Treasury ETF by 11.8% during the 1st quarter. Cetera Investment Advisers now owns 250,703 shares of the company’s stock worth $16,283,000 after buying an additional 26,487 shares during the last quarter. Finally, NBT Bank N A NY acquired a new position in Vanguard Extended Duration Treasury ETF during the first quarter worth approximately $12,444,000.

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.