iShares 25+ Year Treasury STRIPS Bond ETF (BATS:GOVZ) Stock Price Up 1.1% – Still a Buy?

iShares 25+ Year Treasury STRIPS Bond ETF (BATS:GOVZ)’s share price shot up 1.1% during trading on Monday . The stock traded as high as $9.26 and last traded at $9.23. 2,287,701 shares changed hands during mid-day trading, an increase of 80% from the average session volume of 1,272,218 shares. The stock had previously closed at $9.13.

iShares 25+ Year Treasury STRIPS Bond ETF Stock Performance

The firm has a 50-day moving average price of $9.41 and a two-hundred day moving average price of $9.58.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in iShares 25+ Year Treasury STRIPS Bond ETF stock. JPMorgan Chase & Co. boosted its stake in shares of iShares 25+ Year Treasury STRIPS Bond ETF (BATS:GOVZ) by 315.6% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 63,735 shares of the company’s stock after buying an additional 48,400 shares during the quarter. JPMorgan Chase & Co. owned approximately 0.22% of iShares 25+ Year Treasury STRIPS Bond ETF worth $620,000 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.