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)’s stock price reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as $26.40 and last traded at $26.40, with a volume of 53148 shares trading hands. The stock had previously closed at $26.57.

Invesco Equal Weight 0-30 Year Treasury ETF Stock Performance

The business has a 50 day moving average of $27.26 and a 200-day moving average of $27.58.

Invesco Equal Weight 0-30 Year Treasury ETF Increases Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, May 22nd. Investors of record on Monday, May 18th will be paid a dividend of $0.084 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date is Monday, May 18th. This is a positive change from Invesco Equal Weight 0-30 Year Treasury ETF’s previous monthly dividend of $0.08.

Institutional Trading of Invesco Equal Weight 0-30 Year Treasury ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in GOVI. Invesco Ltd. increased its stake in Invesco Equal Weight 0-30 Year Treasury ETF by 111.3% in the 3rd 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 last quarter. Bank of America Corp DE increased its stake in Invesco Equal Weight 0-30 Year Treasury ETF by 375.9% in the 1st quarter. Bank of America Corp DE now owns 679,428 shares of the company’s stock worth $18,534,000 after acquiring an additional 536,650 shares during the last quarter. Integrated Capital Management LLC bought a new position in Invesco Equal Weight 0-30 Year Treasury ETF in the 3rd quarter worth about $9,614,000. Econ Financial Services Corp bought a new position in Invesco Equal Weight 0-30 Year Treasury ETF in the 1st quarter worth about $6,167,000. Finally, Federation des caisses Desjardins du Quebec increased its stake 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 worth $13,756,000 after acquiring an additional 178,000 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.