iShares 25+ Year Treasury STRIPS Bond ETF (BATS:GOVZ) Stock Price Down 0.4% – Here’s What Happened

iShares 25+ Year Treasury STRIPS Bond ETF (BATS:GOVZ) traded down 0.4% during trading on Wednesday . The stock traded as low as $9.3739 and last traded at $9.3350. 966,145 shares changed hands during mid-day trading, an increase of 27% from the average session volume of 758,421 shares. The stock had previously closed at $9.37.

iShares 25+ Year Treasury STRIPS Bond ETF Price Performance

The firm has a 50-day moving average price of $9.57 and a two-hundred day moving average price of $9.54.

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

An institutional investor recently raised its position in iShares 25+ Year Treasury STRIPS Bond ETF stock. JPMorgan Chase & Co. boosted its position in iShares 25+ Year Treasury STRIPS Bond ETF (BATS:GOVZ) by 315.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 63,735 shares of the company’s stock after purchasing an additional 48,400 shares during the period. JPMorgan Chase & Co. owned about 0.22% of iShares 25+ Year Treasury STRIPS Bond ETF worth $620,000 as of its most recent SEC filing.

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.