Geneos Wealth Management Inc. Trims Stock Position in Invesco 0-5 Yr US TIPS ETF (BATS:PBTP)

Geneos Wealth Management Inc. lowered its stake in shares of Invesco 0-5 Yr US TIPS ETF (BATS:PBTP) by 75.9% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 3,753 shares of the company’s stock after selling 11,842 shares during the period. Geneos Wealth Management Inc.’s holdings in Invesco 0-5 Yr US TIPS ETF were worth $93,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. GeoWealth Management LLC acquired a new stake in shares of Invesco 0-5 Yr US TIPS ETF during the 1st quarter valued at about $89,000. UBS Group AG acquired a new stake in shares of Invesco 0-5 Yr US TIPS ETF during the 1st quarter valued at about $132,000. Raymond James Financial Services Advisors Inc. acquired a new stake in shares of Invesco 0-5 Yr US TIPS ETF during the 4th quarter valued at about $207,000. Bank of America Corp DE grew its position in shares of Invesco 0-5 Yr US TIPS ETF by 309.9% during the 1st quarter. Bank of America Corp DE now owns 8,197 shares of the company’s stock valued at $215,000 after acquiring an additional 6,197 shares during the period. Finally, Royal Bank of Canada acquired a new stake in Invesco 0-5 Yr US TIPS ETF in the 3rd quarter worth about $302,000.

Invesco 0-5 Yr US TIPS ETF Trading Down 0.0 %

PBTP stock opened at $25.06 on Tuesday. Invesco 0-5 Yr US TIPS ETF has a 12-month low of $24.70 and a 12-month high of $24.98. The business’s 50-day moving average is $25.00 and its 200 day moving average is $24.82.

Invesco 0-5 Yr US TIPS ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, March 22nd. Investors of record on Tuesday, March 19th were issued a $0.0292 dividend. The ex-dividend date of this dividend was Monday, March 18th.

Invesco 0-5 Yr US TIPS ETF Company 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.