Vanguard Extended Duration Treasury ETF (NYSEARCA:EDV) Shares Gap Up – Still a Buy?

Vanguard Extended Duration Treasury ETF (NYSEARCA:EDV) gapped up before the market opened on Friday . The stock had previously closed at $71.44, but opened at $73.00. Vanguard Extended Duration Treasury ETF shares last traded at $72.52, with a volume of 278,845 shares traded.

Vanguard Extended Duration Treasury ETF Trading Up 1.4 %

The stock has a 50-day moving average of $70.13 and a 200 day moving average of $71.60.

Vanguard Extended Duration Treasury ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, April 3rd. Stockholders of record on Tuesday, April 1st were paid a $0.7938 dividend. The ex-dividend date of this dividend was Tuesday, April 1st. This is a positive change from Vanguard Extended Duration Treasury ETF’s previous dividend of $0.77.

Institutional Investors Weigh In On Vanguard Extended Duration Treasury ETF

A number of hedge funds have recently added to or reduced their stakes in the stock. CWC Advisors LLC. lifted its position in shares of Vanguard Extended Duration Treasury ETF by 15.9% during the fourth quarter. CWC Advisors LLC. now owns 16,300 shares of the company’s stock worth $1,104,000 after purchasing an additional 2,234 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its position in Vanguard Extended Duration Treasury ETF by 355.2% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 18,832 shares of the company’s stock worth $1,275,000 after purchasing an additional 14,695 shares during the last quarter. Birmingham Capital Management Co. Inc. AL acquired a new position in Vanguard Extended Duration Treasury ETF during the 4th quarter worth $5,418,000. Fluent Financial LLC boosted its position in Vanguard Extended Duration Treasury ETF by 23.9% in the 4th quarter. Fluent Financial LLC now owns 489,766 shares of the company’s stock valued at $33,167,000 after buying an additional 94,429 shares during the last quarter. Finally, Forefront Analytics LLC increased its stake in shares of Vanguard Extended Duration Treasury ETF by 31.1% in the 4th quarter. Forefront Analytics LLC now owns 109,780 shares of the company’s stock valued at $7,434,000 after buying an additional 26,026 shares during the period.

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.