Vanguard Extended Duration Treasury ETF (NYSEARCA:EDV) Sees Strong Trading Volume – Here’s Why

Vanguard Extended Duration Treasury ETF (NYSEARCA:EDV) saw unusually-high trading volume on Wednesday . Approximately 1,102,633 shares were traded during trading, an increase of 81% from the previous session’s volume of 609,180 shares.The stock last traded at $70.81 and had previously closed at $73.96.

Vanguard Extended Duration Treasury ETF Price Performance

The company’s 50-day moving average is $77.51 and its 200-day moving average is $75.34.

Hedge Funds Weigh In On Vanguard Extended Duration Treasury ETF

Large investors have recently modified their holdings of the company. BNP Paribas Financial Markets grew its stake in shares of Vanguard Extended Duration Treasury ETF by 359.5% in the first quarter. BNP Paribas Financial Markets now owns 58,222 shares of the company’s stock valued at $4,460,000 after buying an additional 45,551 shares in the last quarter. Janney Montgomery Scott LLC lifted its position in shares of Vanguard Extended Duration Treasury ETF by 10.8% during the first quarter. Janney Montgomery Scott LLC now owns 115,254 shares of the company’s stock worth $8,828,000 after purchasing an additional 11,244 shares in the last quarter. Avidian Wealth Solutions LLC boosted its stake in shares of Vanguard Extended Duration Treasury ETF by 55.4% in the first quarter. Avidian Wealth Solutions LLC now owns 3,983 shares of the company’s stock valued at $305,000 after purchasing an additional 1,420 shares during the period. Advisory Services Network LLC boosted its stake in shares of Vanguard Extended Duration Treasury ETF by 15.4% in the first quarter. Advisory Services Network LLC now owns 65,735 shares of the company’s stock valued at $5,035,000 after purchasing an additional 8,779 shares during the period. Finally, PFG Advisors grew its holdings in Vanguard Extended Duration Treasury ETF by 11.1% during the 1st quarter. PFG Advisors now owns 94,623 shares of the company’s stock valued at $7,248,000 after purchasing an additional 9,491 shares in 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.