iShares 25+ Year Treasury STRIPS Bond ETF (BATS:GOVZ) Shares Up 7.4% – Time to Buy?

iShares 25+ Year Treasury STRIPS Bond ETF (BATS:GOVZ)’s stock price traded up 7.4% during trading on Monday . The company traded as high as $9.74 and last traded at $10.16. Approximately 257,034 shares traded hands during mid-day trading, The stock had previously closed at $9.46.

iShares 25+ Year Treasury STRIPS Bond ETF Stock Performance

The business has a 50 day moving average of $9.91 and a 200 day moving average of $10.82.

iShares 25+ Year Treasury STRIPS Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were given a dividend of $0.0385 per share. This is an increase from iShares 25+ Year Treasury STRIPS Bond ETF’s previous dividend of $0.04. The ex-dividend date was Monday, February 3rd.

Institutional Investors 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. grew its holdings in iShares 25+ Year Treasury STRIPS Bond ETF (BATS:GOVZ) by 136.9% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 110,487 shares of the company’s stock after buying an additional 63,839 shares during the period. 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 & Exchange Commission.

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.