Invesco Equal Weight 0-30 Year Treasury ETF (NYSEARCA:GOVI) Sees Unusually-High Trading Volume – Here’s What Happened

Invesco Equal Weight 0-30 Year Treasury ETF (NYSEARCA:GOVI) saw unusually-strong trading volume on Friday . Approximately 493,997 shares changed hands during trading, an increase of 55% from the previous session’s volume of 319,029 shares.The stock last traded at $27.6210 and had previously closed at $27.58.

Invesco Equal Weight 0-30 Year Treasury ETF Stock Performance

The stock has a 50-day moving average price of $27.77 and a 200 day moving average price of $27.63.

Invesco Equal Weight 0-30 Year Treasury ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, December 26th. Investors of record on Monday, December 22nd were paid a dividend of $0.0939 per share. The ex-dividend date was Monday, December 22nd. 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 4.1%.

Institutional Trading of Invesco Equal Weight 0-30 Year Treasury ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Northwestern Mutual Wealth Management Co. grew its position in shares of Invesco Equal Weight 0-30 Year Treasury ETF by 97.9% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,757 shares of the company’s stock valued at $76,000 after buying an additional 1,364 shares during the last quarter. CoreCap Advisors LLC lifted its stake in shares of Invesco Equal Weight 0-30 Year Treasury ETF by 19.7% in the 3rd quarter. CoreCap Advisors LLC now owns 4,876 shares of the company’s stock worth $135,000 after acquiring an additional 802 shares during the period. Quadrature Capital Ltd purchased a new stake in shares of Invesco Equal Weight 0-30 Year Treasury ETF in the second quarter valued at about $234,000. Axim Planning & Wealth acquired a new stake in Invesco Equal Weight 0-30 Year Treasury ETF in the second quarter valued at about $275,000. Finally, CreativeOne Wealth LLC purchased a new position in shares of Invesco Equal Weight 0-30 Year Treasury ETF during the third quarter valued at approximately $278,000.

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.