Vanguard Extended Duration Treasury ETF Sees Significant Inflow Amid Market Trends
Today, an analysis of week-over-week changes in shares outstanding among ETFs reveals that the Vanguard Extended Duration Treasury ETF (Symbol: EDV) has experienced a significant inflow. Approximately $312.7 million has flowed into EDV, leading to an 8.3% increase in outstanding units, which rose from 52,700,000 to 57,100,000.
Price Performance and Technical Analysis
The chart below illustrates EDV’s price performance over the past year compared to its 200-day moving average:
Currently, the lowest point in EDV’s 52-week range is $67.30 per share, while its high is $83.97. In contrast, the most recent trade price is $71.89. Analyzing the current share price in relation to the 200-day moving average can provide valuable insights for investors.
Understanding ETFs and Their Dynamics
Exchange-traded funds (ETFs) function similarly to stocks, but instead of trading “shares,” investors buy and sell “units.” These units can be created or eliminated based on investor demand, which is unique to ETFs. Each week, we monitor changes in shares outstanding to identify which ETFs are seeing significant inflows or outflows. The creation of new units involves purchasing the ETF’s underlying holdings, while the destruction of units entails selling those holdings. Therefore, substantial inflows and outflows can significantly influence the components held within the ETFs.
Click here to discover which 9 other ETFs reported notable inflows »
Also see:
• Institutional Holders of PSCU
• SMTC Stock Predictions
• Fastenal MACD
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
