Commonwealth Equity Services LLC Cuts Position in Invesco National AMT-Free Municipal Bond ETF (NYSEARCA:PZA)

Commonwealth Equity Services LLC cut its holdings in Invesco National AMT-Free Municipal Bond ETF (NYSEARCA:PZA) by 7.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 92,373 shares of the company’s stock after selling 7,521 shares during the period. Commonwealth Equity Services LLC owned about 0.08% of Invesco National AMT-Free Municipal Bond ETF worth $2,181,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Annex Advisory Services LLC purchased a new position in Invesco National AMT-Free Municipal Bond ETF in the fourth quarter valued at about $16,811,000. Raymond James Financial Inc. purchased a new position in Invesco National AMT-Free Municipal Bond ETF in the fourth quarter valued at approximately $15,151,000. Independent Advisor Alliance bought a new position in Invesco National AMT-Free Municipal Bond ETF during the fourth quarter valued at $8,251,000. Cliftonlarsonallen Wealth Advisors LLC increased its position in Invesco National AMT-Free Municipal Bond ETF by 7.0% in the fourth quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 2,701,822 shares of the company’s stock worth $63,790,000 after buying an additional 176,308 shares during the last quarter. Finally, Bank of New York Mellon Corp lifted its position in shares of Invesco National AMT-Free Municipal Bond ETF by 12.4% during the 4th quarter. Bank of New York Mellon Corp now owns 1,537,730 shares of the company’s stock valued at $36,306,000 after buying an additional 169,495 shares during the last quarter.

Invesco National AMT-Free Municipal Bond ETF Price Performance

NYSEARCA PZA opened at $22.83 on Friday. The company’s 50 day moving average is $23.48 and its 200-day moving average is $23.74. Invesco National AMT-Free Municipal Bond ETF has a 12-month low of $22.83 and a 12-month high of $24.34.

Invesco National AMT-Free Municipal Bond ETF Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, March 28th. Shareholders of record on Monday, March 24th will be issued a dividend of $0.0662 per share. The ex-dividend date is Monday, March 24th. This is a positive change from Invesco National AMT-Free Municipal Bond ETF’s previous dividend of $0.07.

About Invesco National AMT-Free Municipal Bond ETF

The Invesco National AMT-Free Municipal Bond ETF (PZA) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of investment grade, tax-exempt debt publicly issued by a US state with at least 15 years remaining to maturity. PZA was launched on Oct 11, 2007 and is managed by Invesco.