Scarborough Advisors LLC Makes New $10.78 Million Investment in Invesco Equal Weight 0-30 Year Treasury ETF (NYSEARCA:GOVI)

Scarborough Advisors LLC acquired a new position in shares of Invesco Equal Weight 0-30 Year Treasury ETF (NYSEARCA:GOVI) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 398,819 shares of the company’s stock, valued at approximately $10,780,000. Invesco Equal Weight 0-30 Year Treasury ETF accounts for approximately 1.5% of Scarborough Advisors LLC’s portfolio, making the stock its 19th largest position.

A number of other hedge funds and other institutional investors also recently bought and sold shares of GOVI. Spectrum Investment Advisors Inc. lifted its stake in shares of Invesco Equal Weight 0-30 Year Treasury ETF by 0.6% in the fourth quarter. Spectrum Investment Advisors Inc. now owns 399,705 shares of the company’s stock valued at $10,804,000 after purchasing an additional 2,278 shares during the period. Concord Wealth Partners lifted its position in shares of Invesco Equal Weight 0-30 Year Treasury ETF by 7.1% during the 4th quarter. Concord Wealth Partners now owns 6,944 shares of the company’s stock valued at $188,000 after acquiring an additional 459 shares during the period. Total Clarity Wealth Management Inc. purchased a new stake in shares of Invesco Equal Weight 0-30 Year Treasury ETF during the 4th quarter worth approximately $3,761,000. Petix & Botte Co purchased a new stake in shares of Invesco Equal Weight 0-30 Year Treasury ETF during the 4th quarter worth approximately $7,340,000. Finally, Stewardship Advisors LLC grew its holdings in shares of Invesco Equal Weight 0-30 Year Treasury ETF by 7.1% in the 4th quarter. Stewardship Advisors LLC now owns 580,351 shares of the company’s stock worth $15,687,000 after acquiring an additional 38,659 shares during the period.

Invesco Equal Weight 0-30 Year Treasury ETF Stock Up 0.4 %

Shares of GOVI stock opened at $27.39 on Friday. The stock has a fifty day moving average price of $27.16 and a 200 day moving average price of $28.04. Invesco Equal Weight 0-30 Year Treasury ETF has a 1 year low of $26.51 and a 1 year high of $29.74.

Invesco Equal Weight 0-30 Year Treasury ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, January 24th. Investors of record on Tuesday, January 21st were paid a $0.0874 dividend. The ex-dividend date of this dividend was Tuesday, January 21st.

Invesco Equal Weight 0-30 Year Treasury ETF 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.