Envestnet Asset Management Inc. Has $60.17 Million Stake in Invesco National AMT-Free Municipal Bond ETF (NYSEARCA:PZA)

Envestnet Asset Management Inc. grew its stake in Invesco National AMT-Free Municipal Bond ETF (NYSEARCA:PZA) by 20.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,548,441 shares of the company’s stock after acquiring an additional 426,173 shares during the period. Envestnet Asset Management Inc.’s holdings in Invesco National AMT-Free Municipal Bond ETF were worth $60,169,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Cliftonlarsonallen Wealth Advisors LLC grew its holdings in Invesco National AMT-Free Municipal Bond ETF by 7.0% during the fourth quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 2,701,822 shares of the company’s stock worth $63,790,000 after purchasing an additional 176,308 shares during the period. Wells Fargo & Company MN raised its position in shares of Invesco National AMT-Free Municipal Bond ETF by 15.0% in the fourth quarter. Wells Fargo & Company MN now owns 2,082,020 shares of the company’s stock valued at $49,156,000 after buying an additional 272,109 shares in the last quarter. LPL Financial LLC raised its position in shares of Invesco National AMT-Free Municipal Bond ETF by 29.6% in the fourth quarter. LPL Financial LLC now owns 2,047,015 shares of the company’s stock valued at $48,330,000 after buying an additional 467,610 shares in the last quarter. Bank of New York Mellon Corp raised its position in Invesco National AMT-Free Municipal Bond ETF by 12.4% during the fourth quarter. Bank of New York Mellon Corp now owns 1,537,730 shares of the company’s stock valued at $36,306,000 after purchasing an additional 169,495 shares in the last quarter. Finally, Parcion Private Wealth LLC raised its position in Invesco National AMT-Free Municipal Bond ETF by 5.0% during the fourth quarter. Parcion Private Wealth LLC now owns 865,363 shares of the company’s stock valued at $20,431,000 after purchasing an additional 41,113 shares in the last quarter.

Invesco National AMT-Free Municipal Bond ETF Stock Performance

Shares of PZA opened at $22.41 on Thursday. The firm has a 50 day simple moving average of $23.33 and a two-hundred day simple moving average of $23.64. Invesco National AMT-Free Municipal Bond ETF has a one year low of $21.49 and a one year high of $24.34.

Invesco National AMT-Free Municipal Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were issued a dividend of $0.0662 per share. The ex-dividend date was Monday, March 24th. This is an increase from Invesco National AMT-Free Municipal Bond ETF’s previous dividend of $0.07.

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.