Invesco Equal Weight 0-30 Year Treasury ETF (NASDAQ:GOVI) Reaches New 52-Week Low – Should You Sell?

Shares of Invesco Equal Weight 0-30 Year Treasury ETF (NASDAQ:GOVI – Get Free Report) reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as $25.85 and last traded at $25.8450, with a volume of 12720 shares trading hands. The stock had previously closed at $26.06.

Invesco Equal Weight 0-30 Year Treasury ETF Trading Down 1.4%

The firm has a 50-day simple moving average of $26.40 and a two-hundred day simple moving average of $26.88.

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Invesco Equal Weight 0-30 Year Treasury ETF Increases Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, September 25th. Investors of record on Monday, September 21st will be paid a dividend of $0.0926 per share. The ex-dividend date of this dividend is Monday, September 21st. This is an increase from Invesco Equal Weight 0-30 Year Treasury ETF’s previous monthly dividend of $0.09. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. Wealthspire Retirement LLC purchased a new position in Invesco Equal Weight 0-30 Year Treasury ETF in the 1st quarter valued at about $570,000. WealthBridge Capital Management LLC purchased a new stake in shares of Invesco Equal Weight 0-30 Year Treasury ETF during the first quarter worth about $1,069,000. Petix & Botte Co grew its holdings in shares of Invesco Equal Weight 0-30 Year Treasury ETF by 7.6% during the first quarter. Petix & Botte Co now owns 646,593 shares of the company’s stock worth $17,639,000 after buying an additional 45,524 shares in the last quarter. Econ Financial Services Corp acquired a new position in shares of Invesco Equal Weight 0-30 Year Treasury ETF in the first quarter valued at approximately $6,167,000. Finally, Bank of America Corp DE lifted its stake in shares of 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.

About Invesco Equal Weight 0-30 Year Treasury ETF

(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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