Avantax Advisory Services Inc. Increases Position in Invesco Equal Weight 0-30 Year Treasury ETF $GOVI

Avantax Advisory Services Inc. lifted its stake in Invesco Equal Weight 0-30 Year Treasury ETF (NYSEARCA:GOVI) by 10.9% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 85,403 shares of the company’s stock after purchasing an additional 8,396 shares during the period. Avantax Advisory Services Inc. owned about 0.25% of Invesco Equal Weight 0-30 Year Treasury ETF worth $2,346,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in GOVI. Northwestern Mutual Wealth Management Co. bought a new position in Invesco Equal Weight 0-30 Year Treasury ETF during the 1st quarter worth about $39,000. Harbour Investments Inc. lifted its position in shares of Invesco Equal Weight 0-30 Year Treasury ETF by 31.4% in the 1st quarter. Harbour Investments Inc. now owns 2,761 shares of the company’s stock worth $77,000 after purchasing an additional 660 shares during the period. Axim Planning & Wealth purchased a new stake in shares of Invesco Equal Weight 0-30 Year Treasury ETF in the 2nd quarter worth approximately $275,000. IFG Advisory LLC bought a new position in shares of Invesco Equal Weight 0-30 Year Treasury ETF during the second quarter valued at approximately $284,000. Finally, Cullen Frost Bankers Inc. increased its holdings in Invesco Equal Weight 0-30 Year Treasury ETF by 40.3% during the second quarter. Cullen Frost Bankers Inc. now owns 11,139 shares of the company’s stock valued at $306,000 after buying an additional 3,201 shares during the period.

Invesco Equal Weight 0-30 Year Treasury ETF Trading Up 0.2%

Shares of Invesco Equal Weight 0-30 Year Treasury ETF stock opened at $27.96 on Friday. The company has a 50-day simple moving average of $27.95 and a two-hundred day simple moving average of $27.45. Invesco Equal Weight 0-30 Year Treasury ETF has a one year low of $26.40 and a one year high of $28.62.

Invesco Equal Weight 0-30 Year Treasury ETF Cuts Dividend

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

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.