Bank of New York Mellon Corp Sells 49,660 Shares of Invesco Equal Weight 0-30 Year Treasury ETF $GOVI

Bank of New York Mellon Corp trimmed its holdings in Invesco Equal Weight 0-30 Year Treasury ETF (NYSEARCA:GOVI) by 2.0% in the first quarter, Holdings Channel reports. The institutional investor owned 2,417,467 shares of the company’s stock after selling 49,660 shares during the period. Bank of New York Mellon Corp owned approximately 0.06% of Invesco Equal Weight 0-30 Year Treasury ETF worth $65,948,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Ascentis Independent Advisors bought a new stake in shares of Invesco Equal Weight 0-30 Year Treasury ETF in the first quarter valued at approximately $27,000. Operose Advisors LLC bought a new position in Invesco Equal Weight 0-30 Year Treasury ETF during the 4th quarter worth $38,000. Northwestern Mutual Wealth Management Co. increased its stake in Invesco Equal Weight 0-30 Year Treasury ETF by 97.9% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,757 shares of the company’s stock worth $76,000 after acquiring an additional 1,364 shares during the period. Fifth Third Bancorp acquired a new position in Invesco Equal Weight 0-30 Year Treasury ETF in the 1st quarter valued at $142,000. Finally, Sequoia Financial Advisors LLC raised its holdings in Invesco Equal Weight 0-30 Year Treasury ETF by 26.3% in the 4th quarter. Sequoia Financial Advisors LLC now owns 9,826 shares of the company’s stock valued at $271,000 after acquiring an additional 2,044 shares in the last quarter.

Invesco Equal Weight 0-30 Year Treasury ETF Trading Down 0.3%

NYSEARCA:GOVI opened at $26.51 on Thursday. Invesco Equal Weight 0-30 Year Treasury ETF has a fifty-two week low of $26.38 and a fifty-two week high of $28.32. The stock has a fifty day moving average price of $26.94 and a 200-day moving average price of $27.31.

Invesco Equal Weight 0-30 Year Treasury ETF Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, July 24th. Investors of record on Monday, July 20th will be paid a $0.0915 dividend. This represents a c) dividend on an annualized basis and a yield of 4.1%. This is a boost from Invesco Equal Weight 0-30 Year Treasury ETF’s previous monthly dividend of $0.09. The ex-dividend date of this dividend is Monday, July 20th.

Invesco Equal Weight 0-30 Year Treasury ETF 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.