Invesco Short Term Treasury ETF (NYSEARCA:TBLL) Sees Large Volume Increase – Here’s What Happened

Invesco Short Term Treasury ETF (NYSEARCA:TBLL) shares saw unusually-strong trading volume on Friday . Approximately 126,844 shares traded hands during trading, a decline of 13% from the previous session’s volume of 145,832 shares.The stock last traded at $105.7550 and had previously closed at $105.73.

Invesco Short Term Treasury ETF Trading Up 0.0%

The firm has a 50-day simple moving average of $105.71 and a two-hundred day simple moving average of $105.66.

Institutional Investors Weigh In On Invesco Short Term Treasury ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in TBLL. NewEdge Advisors LLC grew its position in Invesco Short Term Treasury ETF by 7,000.0% in the first quarter. NewEdge Advisors LLC now owns 4,828 shares of the company’s stock valued at $510,000 after acquiring an additional 4,760 shares in the last quarter. Goldman Sachs Group Inc. acquired a new stake in shares of Invesco Short Term Treasury ETF during the 1st quarter worth approximately $711,000. Bulwark Capital Corp acquired a new position in shares of Invesco Short Term Treasury ETF during the second quarter valued at $3,057,000. Capital Advisory Group Advisory Services LLC bought a new position in Invesco Short Term Treasury ETF in the 2nd quarter worth about $507,000. Finally, Silver Oak Securities Incorporated bought a new stake in Invesco Short Term Treasury ETF during the 2nd quarter valued at $1,486,000.

About Invesco Short Term Treasury ETF

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.