Invesco Equal Weight 0-30 Year Treasury ETF (NYSEARCA:GOVI) Sets New 52-Week Low – Here’s What Happened

Invesco Equal Weight 0-30 Year Treasury ETF (NYSEARCA:GOVI) reached a new 52-week low on Thursday . The stock traded as low as $26.38 and last traded at $26.40, with a volume of 52436 shares. The stock had previously closed at $26.44.

Invesco Equal Weight 0-30 Year Treasury ETF Stock Performance

The firm has a 50 day moving average of $26.92 and a two-hundred day moving average of $27.25.

Invesco Equal Weight 0-30 Year Treasury ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, July 24th. Stockholders of record on Monday, July 20th were issued a dividend of $0.0915 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%. This is a boost from Invesco Equal Weight 0-30 Year Treasury ETF’s previous monthly dividend of $0.09. The ex-dividend date was Monday, July 20th.

Institutional Investors Weigh In On Invesco Equal Weight 0-30 Year Treasury ETF

Several hedge funds have recently modified their holdings of GOVI. Invesco Ltd. increased its position in Invesco Equal Weight 0-30 Year Treasury ETF by 111.3% during the third quarter. Invesco Ltd. now owns 5,510,388 shares of the company’s stock worth $152,968,000 after acquiring an additional 2,902,282 shares during the period. Bank of America Corp DE raised its stake in Invesco Equal Weight 0-30 Year Treasury ETF by 375.9% during the 1st quarter. Bank of America Corp DE now owns 679,428 shares of the company’s stock valued at $18,534,000 after purchasing an additional 536,650 shares during the last quarter. Econ Financial Services Corp acquired a new position in Invesco Equal Weight 0-30 Year Treasury ETF during the 1st quarter valued at $6,167,000. Federation des caisses Desjardins du Quebec boosted its holdings in Invesco Equal Weight 0-30 Year Treasury ETF by 55.4% in the 4th quarter. Federation des caisses Desjardins du Quebec now owns 499,300 shares of the company’s stock valued at $13,756,000 after purchasing an additional 178,000 shares during the period. Finally, Kestra Advisory Services LLC grew its position in Invesco Equal Weight 0-30 Year Treasury ETF by 353.4% in the 4th quarter. Kestra Advisory Services LLC now owns 208,837 shares of the company’s stock worth $5,753,000 after purchasing an additional 162,780 shares during the last quarter.

Invesco Equal Weight 0-30 Year Treasury ETF Company Profile

The Invesco Equal Weight 0-30 Year Treasury ETF (GOVI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index that invests in an equal-weighted 30-year ladder of US Treasury securities. GOVI was launched on Oct 11, 2007 and is issued by Invesco.