Axim Planning & Wealth Makes New Investment in Invesco Equal Weight 0-30 Year Treasury ETF $GOVI

Axim Planning & Wealth bought a new position in shares of Invesco Equal Weight 0-30 Year Treasury ETF (NYSEARCA:GOVI) in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 10,007 shares of the company’s stock, valued at approximately $275,000.

A number of other large investors have also recently added to or reduced their stakes in the company. Bank of New York Mellon Corp increased its holdings in Invesco Equal Weight 0-30 Year Treasury ETF by 2.3% during the 2nd quarter. Bank of New York Mellon Corp now owns 2,450,032 shares of the company’s stock worth $67,302,000 after purchasing an additional 54,698 shares in the last quarter. IFG Advisory LLC bought a new position in Invesco Equal Weight 0-30 Year Treasury ETF during the 2nd quarter worth about $284,000. World Investment Advisors increased its holdings in Invesco Equal Weight 0-30 Year Treasury ETF by 5.1% during the 2nd quarter. World Investment Advisors now owns 17,211 shares of the company’s stock worth $473,000 after purchasing an additional 838 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in Invesco Equal Weight 0-30 Year Treasury ETF by 11.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 293,594 shares of the company’s stock worth $8,065,000 after purchasing an additional 29,519 shares in the last quarter. Finally, Cullen Frost Bankers Inc. increased its holdings in Invesco Equal Weight 0-30 Year Treasury ETF by 40.3% during the 2nd quarter. Cullen Frost Bankers Inc. now owns 11,139 shares of the company’s stock worth $306,000 after purchasing an additional 3,201 shares in the last quarter.

Invesco Equal Weight 0-30 Year Treasury ETF Stock Performance

Shares of NYSEARCA GOVI opened at $27.96 on Wednesday. The business has a 50-day moving average of $27.88 and a 200-day moving average of $27.41. Invesco Equal Weight 0-30 Year Treasury ETF has a fifty-two week low of $26.40 and a fifty-two week high of $28.62.

Invesco Equal Weight 0-30 Year Treasury ETF Cuts Dividend

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

Invesco Equal Weight 0-30 Year Treasury ETF 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.