Invesco Equal Weight 0-30 Year Treasury ETF (NYSEARCA:GOVI) Sees Unusually-High Trading Volume Following Dividend Announcement

Invesco Equal Weight 0-30 Year Treasury ETF (NYSEARCA:GOVI) shares saw unusually-strong trading volume on Tuesday following a dividend announcement from the company. Approximately 161,768 shares changed hands during trading, a decline of 3% from the previous session’s volume of 166,431 shares.The stock last traded at $26.97 and had previously closed at $26.90.

The newly announced dividend which will be paid on Friday, April 26th. Stockholders of record on Tuesday, April 23rd will be issued a $0.0827 dividend. The ex-dividend date of this dividend is Monday, April 22nd.

Invesco Equal Weight 0-30 Year Treasury ETF Trading Up 0.1 %

The stock’s fifty day moving average is $27.73 and its two-hundred day moving average is $27.66.

Institutional Investors Weigh In On Invesco Equal Weight 0-30 Year Treasury ETF

Several hedge funds have recently made changes to their positions in GOVI. Orgel Wealth Management LLC purchased a new stake in shares of Invesco Equal Weight 0-30 Year Treasury ETF in the 1st quarter valued at approximately $124,742,000. Wealth Enhancement Advisory Services LLC purchased a new stake in shares of Invesco Equal Weight 0-30 Year Treasury ETF in the 1st quarter valued at approximately $2,123,000. PFG Investments LLC purchased a new stake in shares of Invesco Equal Weight 0-30 Year Treasury ETF in the 1st quarter valued at approximately $434,000. Finally, Brookstone Capital Management purchased a new stake in Invesco Equal Weight 0-30 Year Treasury ETF in the 1st quarter worth approximately $289,000.

About Invesco Equal Weight 0-30 Year Treasury ETF

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.