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Takeaway: We are removing EDV from Investing Ideas.

Please note that we are removing EDV from Investing Ideas today.

"It's just a risk management move to not be as long bonds, for now," according to Hedgeye CEO Keith McCullough. "We're keeping TLT and MUB."

EDV is up 13% since it was added to Investing Ideas on 9/5/14 versus a 2% return for the S&P 500.

Click image to enlarge.

EDV: Removing Vanguard Extended Duration ETF from Investing Ideas - edv