Invesco Short Term Treasury ETF (NYSEARCA:TBLL) Sets New 1-Year High – Here’s Why

Invesco Short Term Treasury ETF (NYSEARCA:TBLL) shares hit a new 52-week high on Friday . The stock traded as high as $105.90 and last traded at $105.8950, with a volume of 158554 shares changing hands. The stock had previously closed at $105.86.

Invesco Short Term Treasury ETF Price Performance

The stock has a 50-day moving average of $105.71 and a 200-day moving average of $105.66.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of TBLL. Invesco Ltd. raised its stake in Invesco Short Term Treasury ETF by 0.6% in the third quarter. Invesco Ltd. now owns 4,009,545 shares of the company’s stock valued at $423,568,000 after purchasing an additional 24,188 shares in the last quarter. AWM Capital LLC increased its holdings in shares of Invesco Short Term Treasury ETF by 81.4% in the 3rd quarter. AWM Capital LLC now owns 873,605 shares of the company’s stock worth $92,288,000 after buying an additional 392,052 shares during the last quarter. Osaic Holdings Inc. raised its position in shares of Invesco Short Term Treasury ETF by 5.6% during the 2nd quarter. Osaic Holdings Inc. now owns 755,431 shares of the company’s stock valued at $79,728,000 after buying an additional 40,077 shares in the last quarter. UBS Group AG raised its position in shares of Invesco Short Term Treasury ETF by 8.9% during the 3rd quarter. UBS Group AG now owns 492,339 shares of the company’s stock valued at $52,011,000 after buying an additional 40,351 shares in the last quarter. Finally, Miracle Mile Advisors LLC raised its position in shares of Invesco Short Term Treasury ETF by 23.1% during the 3rd quarter. Miracle Mile Advisors LLC now owns 400,957 shares of the company’s stock valued at $42,357,000 after buying an additional 75,361 shares in the last quarter.

Invesco Short Term Treasury ETF Company Profile

The Invesco Short Term Treasury ETF (TBLL) is an exchange-traded fund that is based on the ICE US Treasury Short Bond index. The fund tracks a market-weighted index of debt issued by the US Treasury. Remaining maturity must be between 1-12 months. TBLL was launched on Jan 12, 2017 and is issued by Invesco.