Petix & Botte Co Raises Stake in Invesco Equal Weight 0-30 Year Treasury ETF $GOVI

Petix & Botte Co grew its position in shares of Invesco Equal Weight 0-30 Year Treasury ETF (NYSEARCA:GOVI) by 17.0% during the second quarter, Holdings Channel reports. The institutional investor owned 453,929 shares of the company’s stock after purchasing an additional 66,073 shares during the quarter. Invesco Equal Weight 0-30 Year Treasury ETF accounts for 3.1% of Petix & Botte Co’s holdings, making the stock its 10th largest holding. Petix & Botte Co’s holdings in Invesco Equal Weight 0-30 Year Treasury ETF were worth $12,469,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in GOVI. LPL Financial LLC boosted its position in Invesco Equal Weight 0-30 Year Treasury ETF by 5.3% during the first quarter. LPL Financial LLC now owns 3,203,568 shares of the company’s stock worth $89,123,000 after purchasing an additional 160,646 shares during the period. Bank of New York Mellon Corp raised its position in shares of Invesco Equal Weight 0-30 Year Treasury ETF by 2.3% in the second quarter. Bank of New York Mellon Corp now owns 2,450,032 shares of the company’s stock valued at $67,302,000 after purchasing an additional 54,698 shares during the period. Cetera Investment Advisers purchased a new stake in shares of Invesco Equal Weight 0-30 Year Treasury ETF during the 1st quarter valued at approximately $26,982,000. Commonwealth Equity Services LLC boosted its holdings in Invesco Equal Weight 0-30 Year Treasury ETF by 47.8% in the 1st quarter. Commonwealth Equity Services LLC now owns 716,988 shares of the company’s stock worth $19,947,000 after buying an additional 231,960 shares during the period. Finally, Spectrum Investment Advisors Inc. grew its stake in Invesco Equal Weight 0-30 Year Treasury ETF by 2.6% in the 2nd quarter. Spectrum Investment Advisors Inc. now owns 428,870 shares of the company’s stock valued at $11,781,000 after buying an additional 10,737 shares in the last quarter.

Invesco Equal Weight 0-30 Year Treasury ETF Stock Performance

GOVI stock opened at $28.01 on Thursday. The firm has a 50 day moving average of $27.95 and a 200-day moving average of $27.44. Invesco Equal Weight 0-30 Year Treasury ETF has a 12 month low of $26.40 and a 12 month high of $28.62.

Invesco Equal Weight 0-30 Year Treasury ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, October 24th. Stockholders of record on Monday, October 20th were given a dividend of $0.0826 per share. The ex-dividend date 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 Company 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.