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) hit a new 52-week low on Tuesday . The company traded as low as $26.40 and last traded at $26.40, with a volume of 53148 shares. The stock had previously closed at $26.57.

Invesco Equal Weight 0-30 Year Treasury ETF Stock Down 0.5%

The business has a 50 day simple moving average of $27.26 and a two-hundred day simple moving average of $27.58.

Invesco Equal Weight 0-30 Year Treasury ETF Increases Dividend

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

Hedge Funds Weigh In On Invesco Equal Weight 0-30 Year Treasury ETF

A number of institutional investors have recently added to or reduced their stakes 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 boosted its holdings in shares of 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 purchasing an additional 536,650 shares in the last quarter. Integrated Capital Management LLC purchased a new position in shares of Invesco Equal Weight 0-30 Year Treasury ETF in the 3rd quarter worth about $9,614,000. Econ Financial Services Corp purchased a new position in shares of Invesco Equal Weight 0-30 Year Treasury ETF in the 1st quarter worth about $6,167,000. Finally, Federation des caisses Desjardins du Quebec boosted its holdings in shares of 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 purchasing an additional 178,000 shares in 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.