Commonwealth Equity Services LLC Makes New Investment in Invesco 0-5 Yr US TIPS ETF (BATS:PBTP)

Commonwealth Equity Services LLC purchased a new position in shares of Invesco 0-5 Yr US TIPS ETF (BATS:PBTP) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 148,288 shares of the company’s stock, valued at approximately $3,767,000. Commonwealth Equity Services LLC owned approximately 6.93% of Invesco 0-5 Yr US TIPS ETF as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in PBTP. Flow Traders U.S. LLC raised its holdings in Invesco 0-5 Yr US TIPS ETF by 71.8% during the third quarter. Flow Traders U.S. LLC now owns 152,791 shares of the company’s stock worth $3,900,000 after acquiring an additional 63,837 shares in the last quarter. Raymond James Financial Inc. acquired a new position in shares of Invesco 0-5 Yr US TIPS ETF during the 4th quarter worth approximately $973,000. Centerpoint Advisory Group bought a new stake in shares of Invesco 0-5 Yr US TIPS ETF during the 4th quarter worth approximately $412,000. Sowell Financial Services LLC boosted its holdings in shares of Invesco 0-5 Yr US TIPS ETF by 26.6% in the 4th quarter. Sowell Financial Services LLC now owns 74,014 shares of the company’s stock valued at $1,880,000 after buying an additional 15,557 shares during the last quarter. Finally, Trilogy Capital Inc. boosted its holdings in shares of Invesco 0-5 Yr US TIPS ETF by 0.7% in the 4th quarter. Trilogy Capital Inc. now owns 171,507 shares of the company’s stock valued at $4,356,000 after buying an additional 1,217 shares during the last quarter.

Invesco 0-5 Yr US TIPS ETF Stock Performance

Shares of PBTP opened at $25.80 on Tuesday. The company’s fifty day simple moving average is $25.75 and its 200 day simple moving average is $25.57. Invesco 0-5 Yr US TIPS ETF has a 1-year low of $24.93 and a 1-year high of $26.05.

Invesco 0-5 Yr US TIPS ETF Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, March 28th. Stockholders of record on Monday, March 24th will be paid a dividend of $0.2057 per share. The ex-dividend date of this dividend is Monday, March 24th. This is a positive change from Invesco 0-5 Yr US TIPS ETF’s previous dividend of $0.11.

Invesco 0-5 Yr US TIPS ETF Profile

The Invesco PureBeta 0-5 Yr US TIPS ETF (PBTP) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of US Treasury inflation-protected securities with up to five years remaining to maturity. PBTP was launched on Sep 22, 2017 and is managed by Invesco.