Invesco Equal Weight 0-30 Year Treasury ETF (NASDAQ:GOVI) Sets New 12-Month Low – Time to Sell?

Shares of Invesco Equal Weight 0-30 Year Treasury ETF (NASDAQ:GOVI) hit a new 52-week low during trading on Monday. The stock traded as low as $25.11 and last traded at $25.10, with a volume of 128523 shares trading hands. The stock had previously closed at $25.26.

Invesco Equal Weight 0-30 Year Treasury ETF Price Performance

The business’s fifty day moving average is $26.20 and its two-hundred day moving average is $26.76.

Invesco Equal Weight 0-30 Year Treasury ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, September 25th. Shareholders of record on Monday, September 21st were paid a dividend of $0.0926 per share. The ex-dividend date was Monday, September 21st. This represents a $1.11 dividend on an annualized basis and a dividend yield of 4.4%. This is an increase from Invesco Equal Weight 0-30 Year Treasury ETF’s previous monthly dividend of $0.0924.

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

Several institutional investors have recently made changes to their positions in the business. Bank of America Corp DE grew its position in Invesco Equal Weight 0-30 Year Treasury ETF by 375.9% during the first quarter. Bank of America Corp DE now owns 679,428 shares of the company’s stock valued at $18,534,000 after buying an additional 536,650 shares during the period. Petix & Botte Co raised its position in Invesco Equal Weight 0-30 Year Treasury ETF by 7.6% in the first quarter. Petix & Botte Co now owns 646,593 shares of the company’s stock worth $17,639,000 after acquiring an additional 45,524 shares during the period. Envestnet Asset Management Inc. boosted its stake in shares of Invesco Equal Weight 0-30 Year Treasury ETF by 219.1% during the 2nd quarter. Envestnet Asset Management Inc. now owns 498,844 shares of the company’s stock worth $13,544,000 after acquiring an additional 342,504 shares during the last quarter. Concurrent Investment Advisors LLC grew its position in shares of Invesco Equal Weight 0-30 Year Treasury ETF by 151.3% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 422,281 shares of the company’s stock valued at $11,465,000 after acquiring an additional 254,271 shares during the period. Finally, Integrated Wealth Concepts LLC grew its position in shares of Invesco Equal Weight 0-30 Year Treasury ETF by 320.1% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 283,559 shares of the company’s stock valued at $7,699,000 after acquiring an additional 216,060 shares during the period.

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.