iShares 25+ Year Treasury STRIPS Bond ETF (BATS:GOVZ) Hits New 1-Year Low – Should You Sell?

iShares 25+ Year Treasury STRIPS Bond ETF (BATS:GOVZ) hit a new 52-week low during mid-day trading on Wednesday. The stock traded as low as $30.99 and last traded at $31.25, with a volume of 607590 shares trading hands. The stock had previously closed at $31.54.

iShares 25+ Year Treasury STRIPS Bond ETF Stock Performance

The company’s 50 day moving average price is $33.40 and its 200-day moving average price is $35.13.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in iShares 25+ Year Treasury STRIPS Bond ETF stock. Sankala Group LLC purchased a new stake in iShares 25+ Year Treasury STRIPS Bond ETF (BATS:GOVZ) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 278,663 shares of the company’s stock, valued at approximately $2,734,000. iShares 25+ Year Treasury STRIPS Bond ETF accounts for about 2.3% of Sankala Group LLC’s holdings, making the stock its 9th largest position. Sankala Group LLC owned 0.98% of iShares 25+ Year Treasury STRIPS Bond ETF as of its most recent filing with the Securities & Exchange Commission.

About iShares 25+ Year Treasury STRIPS Bond ETF

The iShares 25+ Year Treasury STRIPS Bond ETF (GOVZ) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value weighted index of US separate trading of registered interest and principal securities (STRIPS), with remaining maturities of at least 25 years. GOVZ was launched on Sep 22, 2020 and is managed by BlackRock.