iShares 25+ Year Treasury STRIPS Bond ETF (BATS:GOVZ) Shares Down 9.1% – What’s Next?

iShares 25+ Year Treasury STRIPS Bond ETF (BATS:GOVZ)’s share price were down 9.1% during trading on Tuesday . The company traded as low as $10.02 and last traded at $9.69. Approximately 3,091,070 shares changed hands during mid-day trading, an increase of 370% from the average daily volume of 657,571 shares. The stock had previously closed at $10.66.

iShares 25+ Year Treasury STRIPS Bond ETF Stock Performance

The firm’s 50-day simple moving average is $10.13 and its 200 day simple moving average is $10.37.

iShares 25+ Year Treasury STRIPS Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were paid a $0.0374 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in iShares 25+ Year Treasury STRIPS Bond ETF stock. JPMorgan Chase & Co. increased its holdings in iShares 25+ Year Treasury STRIPS Bond ETF (BATS:GOVZ) by 136.9% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 110,487 shares of the company’s stock after buying an additional 63,839 shares during the period. JPMorgan Chase & Co. owned about 0.59% of iShares 25+ Year Treasury STRIPS Bond ETF worth $1,092,000 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.