American Stock Exchange Lists Vanguard Extended Duration Treasury ETF
10 Diciembre 2007 - 10:46AM
PR Newswire (US)
New ETF Follows Movement of Zero-Coupon U.S. Treasury Securities
NEW YORK, Dec. 10 /PRNewswire/ -- The American Stock Exchange(R)
(Amex(R)) today announced that it has launched trading in the
Vanguard Extended Duration Treasury ETF (AMEX:EDV). With the
addition of this new fund, Vanguard now offers investors 34 ETFs,
all of which are listed on the Amex. EDV is designed to track the
performance of the Lehman Brothers Treasury STRIPS 20-30 Year Equal
Par Bond Index which includes zero-coupon U.S. Treasury securities
(Treasury STRIPS) with maturities ranging from 20 to 30 years. A
Treasury STRIP represents a single coupon payment, or a single
principal payment, from a U.S. Treasury security that has been
"stripped" into separately tradable components. "Amex is proud to
support Vanguard, a recognized leader in the ETF space, as they
continue to add to their family of fixed income ETFs," said Scott
Ebner, Senior Vice President of the Amex ETF Marketplace. "EDV is
the first ETF to provide investors with exposure to a portfolio of
long duration zero- coupon Treasury STRIPS." Kellogg Capital Group,
LLC is the specialist for EDV. Susquehanna Investment Group will
trade options on the product. About the American Stock Exchange The
American Stock Exchange(R) (Amex(R)) offers trading across a full
range of equities, options and exchange traded funds (ETFs),
including structured products and HOLDRS(SM). In addition to its
role as a national equities market, the Amex is the pioneer of the
ETF, responsible for bringing the first domestic product to market
in 1993. Leading the industry in ETF listings, the Amex lists 380
ETFs to date. The Amex is also one of the largest options exchanges
in the U.S., trading options on broad-based and sector indexes as
well as domestic and foreign stocks. For more information, please
visit http://www.amex.com/. DATASOURCE: American Stock Exchange
CONTACT: Media, Bari Trontz, of American Stock Exchange,
+1-212-306-8964, Web site: http://www.amex.com/
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