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

Invesco Equal Weight 0-30 Year Treasury ETF (NYSEARCA:GOVI) shares saw strong trading volume on Tuesday following a dividend announcement from the company. 161,768 shares were traded 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. Shareholders 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 Price Performance

The stock has a 50 day moving average price of $27.71 and a 200-day moving average price of $27.67.

Hedge Funds Weigh In On Invesco Equal Weight 0-30 Year Treasury ETF

Institutional investors have recently added to or reduced their stakes in the stock. Brookstone Capital Management purchased a new stake in Invesco Equal Weight 0-30 Year Treasury ETF in the first quarter valued at $289,000. PFG Investments LLC purchased a new stake in Invesco Equal Weight 0-30 Year Treasury ETF in the first quarter valued at $434,000. Simplicity Wealth LLC purchased a new stake in Invesco Equal Weight 0-30 Year Treasury ETF in the first quarter valued at $1,178,000. Wealth Enhancement Advisory Services LLC purchased a new stake in Invesco Equal Weight 0-30 Year Treasury ETF in the first quarter valued at $2,123,000. Finally, Orgel Wealth Management LLC purchased a new stake in Invesco Equal Weight 0-30 Year Treasury ETF in the first quarter valued at $124,742,000.

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.