Modern Wealth Management LLC Buys Shares of 16,019 Invesco National AMT-Free Municipal Bond ETF (NYSEARCA:PZA)

Modern Wealth Management LLC purchased a new position in shares of Invesco National AMT-Free Municipal Bond ETF (NYSEARCA:PZA) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 16,019 shares of the company’s stock, valued at approximately $379,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. TruNorth Capital Management LLC raised its holdings in shares of Invesco National AMT-Free Municipal Bond ETF by 8.3% during the fourth quarter. TruNorth Capital Management LLC now owns 6,500 shares of the company’s stock valued at $153,000 after buying an additional 500 shares during the last quarter. Interactive Financial Advisors Inc. raised its stake in Invesco National AMT-Free Municipal Bond ETF by 6.9% during the 4th quarter. Interactive Financial Advisors Inc. now owns 9,176 shares of the company’s stock valued at $217,000 after acquiring an additional 596 shares in the last quarter. SteelPeak Wealth LLC boosted its position in Invesco National AMT-Free Municipal Bond ETF by 0.6% during the 4th quarter. SteelPeak Wealth LLC now owns 117,616 shares of the company’s stock worth $2,777,000 after acquiring an additional 654 shares during the period. Dorsey & Whitney Trust CO LLC grew its stake in shares of Invesco National AMT-Free Municipal Bond ETF by 2.9% in the fourth quarter. Dorsey & Whitney Trust CO LLC now owns 25,065 shares of the company’s stock worth $592,000 after purchasing an additional 716 shares in the last quarter. Finally, Flynn Zito Capital Management LLC increased its holdings in shares of Invesco National AMT-Free Municipal Bond ETF by 1.4% during the fourth quarter. Flynn Zito Capital Management LLC now owns 54,667 shares of the company’s stock valued at $1,291,000 after purchasing an additional 731 shares during the period.

Invesco National AMT-Free Municipal Bond ETF Price Performance

Invesco National AMT-Free Municipal Bond ETF stock opened at $22.83 on Friday. Invesco National AMT-Free Municipal Bond ETF has a 52 week low of $22.83 and a 52 week high of $24.34. The company’s 50-day moving average price is $23.48 and its two-hundred day moving average price is $23.74.

Invesco National AMT-Free Municipal Bond 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 issued a $0.0662 dividend. This is a positive change from Invesco National AMT-Free Municipal Bond ETF’s previous dividend of $0.07. The ex-dividend date is Monday, March 24th.

Invesco National AMT-Free Municipal Bond ETF Company Profile

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.