Invesco Equal Weight 0-30 Year Treasury ETF (NASDAQ:GOVI) Reaches New 12-Month Low – What’s Next?

Invesco Equal Weight 0-30 Year Treasury ETF (NASDAQ:GOVI)’s share price hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $26.22 and last traded at $26.40, with a volume of 257 shares. The stock had previously closed at $26.37.

Invesco Equal Weight 0-30 Year Treasury ETF Price Performance

The stock has a 50-day moving average price of $26.55 and a two-hundred day moving average price of $27.01.

Invesco Equal Weight 0-30 Year Treasury ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, August 28th. Investors of record on Monday, August 24th were paid a $0.0924 dividend. This represents a c) annualized dividend and a dividend yield of 4.2%. The ex-dividend date was Monday, August 24th.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of GOVI. Wealthspire Retirement LLC bought a new position in shares of Invesco Equal Weight 0-30 Year Treasury ETF during the first quarter valued at $570,000. Wilian Securities LLC purchased a new stake in shares of Invesco Equal Weight 0-30 Year Treasury ETF during the fourth quarter valued at $2,938,000. WealthBridge Capital Management LLC bought a new stake in Invesco Equal Weight 0-30 Year Treasury ETF in the 1st quarter worth about $1,069,000. Petix & Botte Co increased its holdings in Invesco Equal Weight 0-30 Year Treasury ETF by 15.4% in the 4th quarter. Petix & Botte Co now owns 601,069 shares of the company’s stock worth $16,559,000 after buying an additional 80,063 shares in the last quarter. Finally, Econ Financial Services Corp purchased a new position in Invesco Equal Weight 0-30 Year Treasury ETF in the 1st quarter worth about $6,167,000.

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.