iShares 25+ Year Treasury STRIPS Bond ETF (BATS:GOVZ) Hits New 52-Week Low – Here’s What Happened

Shares of iShares 25+ Year Treasury STRIPS Bond ETF (BATS:GOVZ) reached a new 52-week low on Thursday . The company traded as low as $32.59 and last traded at $32.4730, with a volume of 180912 shares. The stock had previously closed at $32.96.

iShares 25+ Year Treasury STRIPS Bond ETF Stock Down 1.4%

The firm has a fifty day moving average of $33.80 and a 200-day moving average of $35.38.

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

A hedge fund recently bought a new position in iShares 25+ Year Treasury STRIPS Bond ETF stock. Sankala Group LLC acquired a new stake in iShares 25+ Year Treasury STRIPS Bond ETF (BATS:GOVZ) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 278,663 shares of the company’s stock, valued at approximately $2,734,000. iShares 25+ Year Treasury STRIPS Bond ETF comprises about 2.3% of Sankala Group LLC’s portfolio, making the stock its 9th biggest position. Sankala Group LLC owned about 0.98% of iShares 25+ Year Treasury STRIPS Bond ETF 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.