Invesco Equal Weight 0-30 Year Treasury ETF (NYSEARCA:GOVI) Sets New 1-Year Low – Should You Sell?

Invesco Equal Weight 0-30 Year Treasury ETF (NYSEARCA:GOVI – Get Free Report) reached a new 52-week low on Thursday . The company traded as low as $26.38 and last traded at $26.40, with a volume of 52436 shares traded. The stock had previously closed at $26.44.

Invesco Equal Weight 0-30 Year Treasury ETF Stock Up 0.0%

The stock has a fifty day moving average of $26.93 and a 200 day moving average of $27.27.

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Invesco Equal Weight 0-30 Year Treasury ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, July 24th. Stockholders of record on Monday, July 20th were issued a $0.0915 dividend. This represents a c) annualized dividend and a dividend yield of 4.2%. This is a positive change from Invesco Equal Weight 0-30 Year Treasury ETF’s previous monthly dividend of $0.09. The ex-dividend date of this dividend was Monday, July 20th.

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

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Ascentis Independent Advisors bought a new position in shares of Invesco Equal Weight 0-30 Year Treasury ETF during the 1st quarter valued at approximately $27,000. Operose Advisors LLC bought a new stake in Invesco Equal Weight 0-30 Year Treasury ETF in the fourth quarter worth $38,000. Northwestern Mutual Wealth Management Co. increased its position in Invesco Equal Weight 0-30 Year Treasury ETF by 97.9% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 2,757 shares of the company’s stock worth $76,000 after purchasing an additional 1,364 shares during the last quarter. Fifth Third Bancorp purchased a new stake in Invesco Equal Weight 0-30 Year Treasury ETF during the first quarter valued at $142,000. Finally, CoreCap Advisors LLC raised its stake in Invesco Equal Weight 0-30 Year Treasury ETF by 1,149.3% during the second quarter. CoreCap Advisors LLC now owns 6,709 shares of the company’s stock valued at $182,000 after purchasing an additional 6,172 shares in the last quarter.

Invesco Equal Weight 0-30 Year Treasury ETF Company Profile

(Get Free Report)

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.

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