iShares 25+ Year Treasury STRIPS Bond ETF (BATS:GOVZ) Sets New 12-Month Low – Here’s Why

iShares 25+ Year Treasury STRIPS Bond ETF (BATS:GOVZ)’s share price hit a new 52-week low on Tuesday. The stock traded as low as $30.07 and last traded at $30.41, with a volume of 1085624 shares. The stock had previously closed at $30.70.

iShares 25+ Year Treasury STRIPS Bond ETF Trading Down 0.3%

The company’s 50-day moving average is $33.07 and its 200-day moving average is $34.95.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in iShares 25+ Year Treasury STRIPS Bond ETF stock. Sankala Group LLC purchased a new stake in shares of iShares 25+ Year Treasury STRIPS Bond ETF (BATS:GOVZ) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 278,663 shares of the company’s stock, valued at approximately $2,734,000. iShares 25+ Year Treasury STRIPS Bond ETF comprises about 2.3% of Sankala Group LLC’s portfolio, making the stock its 9th biggest holding. Sankala Group LLC owned about 0.98% of iShares 25+ Year Treasury STRIPS Bond ETF as of its most recent SEC filing.

iShares 25+ Year Treasury STRIPS Bond ETF Company Profile

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. GOVZ was launched on Sep 22, 2020 and is managed by BlackRock.