Cullen Frost Bankers Inc. Grows Position in Invesco Equal Weight 0-30 Year Treasury ETF $GOVI

Cullen Frost Bankers Inc. raised its position in shares of Invesco Equal Weight 0-30 Year Treasury ETF (NYSEARCA:GOVI) by 40.3% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 11,139 shares of the company’s stock after purchasing an additional 3,201 shares during the quarter. Cullen Frost Bankers Inc.’s holdings in Invesco Equal Weight 0-30 Year Treasury ETF were worth $306,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Envestnet Asset Management Inc. grew its holdings in Invesco Equal Weight 0-30 Year Treasury ETF by 28.4% during the 1st quarter. Envestnet Asset Management Inc. now owns 264,075 shares of the company’s stock valued at $7,347,000 after buying an additional 58,440 shares in the last quarter. Sagespring Wealth Partners LLC bought a new stake in shares of Invesco Equal Weight 0-30 Year Treasury ETF in the 2nd quarter valued at approximately $395,000. Bank of New York Mellon Corp lifted its stake in shares of Invesco Equal Weight 0-30 Year Treasury ETF by 22.1% in the 1st quarter. Bank of New York Mellon Corp now owns 2,395,334 shares of the company’s stock valued at $66,638,000 after purchasing an additional 434,319 shares during the last quarter. Spire Wealth Management bought a new stake in shares of Invesco Equal Weight 0-30 Year Treasury ETF in the 1st quarter valued at approximately $492,000. Finally, Empirical Asset Management LLC lifted its stake in shares of Invesco Equal Weight 0-30 Year Treasury ETF by 20.6% in the 2nd quarter. Empirical Asset Management LLC now owns 14,143 shares of the company’s stock valued at $389,000 after purchasing an additional 2,416 shares during the last quarter.

Invesco Equal Weight 0-30 Year Treasury ETF Price Performance

NYSEARCA:GOVI opened at $28.18 on Friday. Invesco Equal Weight 0-30 Year Treasury ETF has a 1 year low of $26.40 and a 1 year high of $28.62. The business has a 50 day simple moving average of $27.76 and a 200-day simple moving average of $27.37.

Invesco Equal Weight 0-30 Year Treasury ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, October 24th. Stockholders of record on Monday, October 20th were paid a $0.0826 dividend. This represents a c) annualized dividend and a dividend yield of 3.5%. The ex-dividend date of this dividend was Monday, October 20th.

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.