Invesco Equal Weight 0-30 Year Treasury ETF (NYSEARCA:GOVI) Sees Large Volume Increase After Dividend Announcement

Invesco Equal Weight 0-30 Year Treasury ETF (NYSEARCA:GOVI) saw unusually-high trading volume on Tuesday following a dividend announcement from the company. Approximately 161,768 shares traded hands during mid-day trading, a decline of 3% from the previous session’s volume of 166,431 shares.The stock last traded at $26.97 and had previously closed at $26.90.

The newly announced dividend which will be paid on Friday, April 26th. Shareholders of record on Tuesday, April 23rd will be issued a $0.0827 dividend. The ex-dividend date is Monday, April 22nd.

Invesco Equal Weight 0-30 Year Treasury ETF Price Performance

The company has a fifty day moving average price of $27.73 and a 200-day moving average price of $27.66.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Brookstone Capital Management purchased a new position in shares of Invesco Equal Weight 0-30 Year Treasury ETF during the first quarter valued at approximately $289,000. PFG Investments LLC purchased a new position in shares of Invesco Equal Weight 0-30 Year Treasury ETF during the first quarter valued at approximately $434,000. Wealth Enhancement Advisory Services LLC purchased a new position in shares of Invesco Equal Weight 0-30 Year Treasury ETF during the first quarter valued at approximately $2,123,000. Finally, Orgel Wealth Management LLC purchased a new position in shares of Invesco Equal Weight 0-30 Year Treasury ETF during the first quarter valued at approximately $124,742,000.

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.