Invesco Equal Weight 0-30 Year Treasury ETF (NASDAQ:GOVI) Sets New 52-Week Low – Should You Sell?

Invesco Equal Weight 0-30 Year Treasury ETF (NASDAQ:GOVI) shares hit a new 52-week low during trading on Monday . The stock traded as low as $25.97 and last traded at $25.98, with a volume of 405 shares traded. The stock had previously closed at $25.99.

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

The firm’s 50-day moving average price is $26.47 and its two-hundred day moving average price is $26.95.

Invesco Equal Weight 0-30 Year Treasury ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Friday, August 28th. Investors of record on Monday, August 24th were paid a $0.0924 dividend. The ex-dividend date of this dividend was Monday, August 24th. This represents a c) dividend on an annualized basis and a yield of 4.3%.

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

A number of hedge funds have recently modified their holdings of GOVI. Community Bank & Trust Waco Texas increased its stake in shares of Invesco Equal Weight 0-30 Year Treasury ETF by 9.0% during the 1st quarter. Community Bank & Trust Waco Texas now owns 10,807 shares of the company’s stock worth $295,000 after purchasing an additional 892 shares during the last quarter. Ascentis Independent Advisors bought a new position in shares of Invesco Equal Weight 0-30 Year Treasury ETF during the 1st quarter valued at $27,000. Sequoia Financial Advisors LLC lifted its stake in shares of Invesco Equal Weight 0-30 Year Treasury ETF by 12.6% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 10,545 shares of the company’s stock valued at $286,000 after purchasing an additional 1,176 shares during the last quarter. Sequent Planning LLC boosted its holdings in Invesco Equal Weight 0-30 Year Treasury ETF by 3.1% in the first quarter. Sequent Planning LLC now owns 45,410 shares of the company’s stock worth $1,239,000 after purchasing an additional 1,375 shares in the last quarter. Finally, Operose Advisors LLC bought a new stake in Invesco Equal Weight 0-30 Year Treasury ETF in the fourth quarter worth $38,000.

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.