Fort Point Capital Partners LLC Cuts Stake in Vanguard Extended Duration Treasury ETF $EDV

Fort Point Capital Partners LLC reduced its stake in Vanguard Extended Duration Treasury ETF (NYSEARCA:EDV) by 68.9% during the fourth quarter, HoldingsChannel reports. The fund owned 4,659 shares of the company’s stock after selling 10,315 shares during the period. Fort Point Capital Partners LLC’s holdings in Vanguard Extended Duration Treasury ETF were worth $309,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Cassaday & Co Wealth Management LLC grew its stake in shares of Vanguard Extended Duration Treasury ETF by 232.4% in the third quarter. Cassaday & Co Wealth Management LLC now owns 52,741 shares of the company’s stock worth $3,610,000 after acquiring an additional 36,875 shares during the last quarter. Argentarii LLC purchased a new stake in shares of Vanguard Extended Duration Treasury ETF in the fourth quarter worth $1,105,000. Exchange Traded Concepts LLC purchased a new stake in shares of Vanguard Extended Duration Treasury ETF in the fourth quarter worth $819,000. Greenberg Financial Group purchased a new stake in shares of Vanguard Extended Duration Treasury ETF in the fourth quarter worth $1,336,000. Finally, RWA Wealth Partners LLC grew its stake in shares of Vanguard Extended Duration Treasury ETF by 3.5% in the third quarter. RWA Wealth Partners LLC now owns 875,815 shares of the company’s stock worth $59,950,000 after acquiring an additional 29,717 shares during the last quarter.

Vanguard Extended Duration Treasury ETF Price Performance

NYSEARCA EDV opened at $64.25 on Friday. Vanguard Extended Duration Treasury ETF has a 12 month low of $60.49 and a 12 month high of $71.31. The stock’s fifty day moving average price is $63.66 and its 200-day moving average price is $65.38.

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.