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

Shares of Vanguard Extended Duration Treasury ETF (NYSEARCA:EDV) saw an uptick in trading volume on Friday . Approximately 4,372,730 shares traded hands during mid-day trading, an increase of 253% from the previous session’s volume of 1,237,335 shares.The stock last traded at $59.0790 and had previously closed at $58.85.

Vanguard Extended Duration Treasury ETF Price Performance

The firm has a 50 day moving average price of $60.68 and a two-hundred day moving average price of $63.27.

Institutional Trading of Vanguard Extended Duration Treasury ETF

A number of large investors have recently bought and sold shares of the business. Tidal Investments LLC raised its position in shares of Vanguard Extended Duration Treasury ETF by 1.5% in the 2nd quarter. Tidal Investments LLC now owns 190,626 shares of the company’s stock worth $12,406,000 after acquiring an additional 2,887 shares in the last quarter. Integrated Wealth Concepts LLC acquired a new stake in Vanguard Extended Duration Treasury ETF during the second quarter worth approximately $94,000. NewEdge Advisors LLC acquired a new stake in Vanguard Extended Duration Treasury ETF during the second quarter worth approximately $729,000. Corient Private Wealth LP grew its stake in Vanguard Extended Duration Treasury ETF by 13.7% during the second quarter. Corient Private Wealth LP now owns 5,340 shares of the company’s stock worth $348,000 after purchasing an additional 645 shares during the period. Finally, Compass Financial Management LLC bought a new stake in Vanguard Extended Duration Treasury ETF in the second quarter worth approximately $2,286,000.

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.