Bank of America Corp DE Buys 6,454,954 Shares of Invesco National AMT-Free Municipal Bond ETF $PZA

Bank of America Corp DE raised its stake in shares of Invesco National AMT-Free Municipal Bond ETF (NYSEARCA:PZA) by 13.9% in the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 52,945,741 shares of the company’s stock after purchasing an additional 6,454,954 shares during the period. Bank of America Corp DE owned 36.13% of Invesco National AMT-Free Municipal Bond ETF worth $1,222,517,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of PZA. Wellington Management Group LLP bought a new position in shares of Invesco National AMT-Free Municipal Bond ETF in the third quarter worth about $117,200,000. United Financial Planning Group LLC bought a new position in shares of Invesco National AMT-Free Municipal Bond ETF during the 3rd quarter valued at approximately $52,000. Vise Technologies Inc. grew its stake in shares of Invesco National AMT-Free Municipal Bond ETF by 329.3% during the 3rd quarter. Vise Technologies Inc. now owns 69,536 shares of the company’s stock valued at $1,606,000 after acquiring an additional 53,340 shares during the period. UBS Group AG grew its stake in shares of Invesco National AMT-Free Municipal Bond ETF by 46.9% during the 3rd quarter. UBS Group AG now owns 1,897,446 shares of the company’s stock valued at $43,812,000 after acquiring an additional 605,896 shares during the period. Finally, Richard Bernstein Advisors LLC purchased a new stake in Invesco National AMT-Free Municipal Bond ETF in the 3rd quarter worth approximately $71,305,000.

Invesco National AMT-Free Municipal Bond ETF Stock Performance

NYSEARCA PZA opened at $23.30 on Tuesday. Invesco National AMT-Free Municipal Bond ETF has a 12 month low of $21.49 and a 12 month high of $23.63. The company’s 50 day moving average is $23.35 and its two-hundred day moving average is $23.22.

Invesco National AMT-Free Municipal Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, February 27th. Stockholders of record on Monday, February 23rd were given a dividend of $0.0677 per share. This represents a c) annualized dividend and a dividend yield of 3.5%. The ex-dividend date was Monday, February 23rd.

Invesco National AMT-Free Municipal Bond ETF 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.