iShares 25+ Year Treasury STRIPS Bond ETF (BATS:GOVZ) Shares Up 6.5% – Here’s Why

iShares 25+ Year Treasury STRIPS Bond ETF (BATS:GOVZ)’s share price shot up 6.5% on Monday . The stock traded as high as $9.74 and last traded at $10.08. 257,034 shares were traded during trading, a decline of 56% from the average session volume of 587,491 shares. The stock had previously closed at $9.46.

iShares 25+ Year Treasury STRIPS Bond ETF Trading Up 6.5 %

The business’s fifty day moving average price is $10.07 and its 200-day moving average price is $10.61.

iShares 25+ Year Treasury STRIPS Bond ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were paid a dividend of $0.0374 per share. The ex-dividend date was Monday, March 3rd.

Hedge Funds Weigh In On iShares 25+ Year Treasury STRIPS Bond ETF

An institutional investor recently raised its position in iShares 25+ Year Treasury STRIPS Bond ETF stock. JPMorgan Chase & Co. boosted its position in iShares 25+ Year Treasury STRIPS Bond ETF (BATS:GOVZ) by 136.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 110,487 shares of the company’s stock after buying an additional 63,839 shares during the quarter. JPMorgan Chase & Co. owned approximately 0.59% of iShares 25+ Year Treasury STRIPS Bond ETF worth $1,092,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

About iShares 25+ Year Treasury STRIPS Bond ETF

The iShares 25+ Year Treasury STRIPS Bond ETF (GOVZ) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value weighted index of US separate trading of registered interest and principal securities (STRIPS), with remaining maturities of at least 25 years.