iShares 25+ Year Treasury STRIPS Bond ETF (BATS:GOVZ) Hits New 1-Year Low – Here’s What Happened

iShares 25+ Year Treasury STRIPS Bond ETF (BATS:GOVZ)’s stock price reached a new 52-week low during trading on Friday . The stock traded as low as $34.75 and last traded at $34.75, with a volume of 8945 shares trading hands. The stock had previously closed at $35.40.

iShares 25+ Year Treasury STRIPS Bond ETF Stock Down 1.9%

The firm has a fifty day moving average of $36.63 and a 200 day moving average of $37.59.

Institutional Investors Weigh In On iShares 25+ Year Treasury STRIPS Bond ETF

An institutional investor recently bought a new position in iShares 25+ Year Treasury STRIPS Bond ETF stock. Sankala Group LLC bought a new position in shares of iShares 25+ Year Treasury STRIPS Bond ETF (BATS:GOVZ) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 278,663 shares of the company’s stock, valued at approximately $2,734,000. iShares 25+ Year Treasury STRIPS Bond ETF accounts for about 2.3% of Sankala Group LLC’s holdings, making the stock its 9th largest holding. Sankala Group LLC owned approximately 0.98% of iShares 25+ Year Treasury STRIPS Bond ETF at the end of the most recent quarter.

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