Vanguard Extended Duration Treasury ETF (NYSEARCA:EDV) Stock Rating Reaffirmed by Berenberg Bank

Berenberg Bank reaffirmed their average rating on shares of Vanguard Extended Duration Treasury ETF (NYSEARCA:EDV) in a research report released on Friday, AnalystRatings.com reports. They currently have a $28.97 price target on the stock.

Separately, Royal Bank of Canada reaffirmed an average rating and issued a $30.00 target price on shares of Vanguard Extended Duration Treasury ETF in a research note on Thursday, April 25th.

Shares of NYSEARCA EDV opened at $135.65 on Friday. Vanguard Extended Duration Treasury ETF has a 12 month low of $101.61 and a 12 month high of $135.68. The stock’s 50-day simple moving average is $126.77.

Several institutional investors have recently made changes to their positions in EDV. Wealthcare Advisory Partners LLC bought a new position in Vanguard Extended Duration Treasury ETF in the first quarter worth $79,000. Solstein Capital LLC raised its holdings in Vanguard Extended Duration Treasury ETF by 222.7% in the first quarter. Solstein Capital LLC now owns 3,550 shares of the company’s stock worth $423,000 after purchasing an additional 2,450 shares in the last quarter. Gilman Hill Asset Management LLC bought a new position in Vanguard Extended Duration Treasury ETF in the first quarter worth $552,000. Vanguard Capital Wealth Advisors bought a new position in Vanguard Extended Duration Treasury ETF in the second quarter worth $603,000. Finally, James Investment Research Inc. raised its holdings in Vanguard Extended Duration Treasury ETF by 3,275.0% in the second quarter. James Investment Research Inc. now owns 6,750 shares of the company’s stock worth $857,000 after purchasing an additional 6,550 shares in the last quarter.

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.

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