Quadrant Private Wealth Management LLC Takes $852,000 Position in Invesco National AMT-Free Municipal Bond ETF $PZA

Quadrant Private Wealth Management LLC acquired a new stake in shares of Invesco National AMT-Free Municipal Bond ETF (NYSEARCA:PZA) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 36,917 shares of the company’s stock, valued at approximately $852,000.

Several other hedge funds have also modified their holdings of the stock. MAI Capital Management acquired a new position in Invesco National AMT-Free Municipal Bond ETF during the second quarter worth approximately $32,000. Albion Financial Group UT acquired a new position in Invesco National AMT-Free Municipal Bond ETF in the second quarter valued at $43,000. Westside Investment Management Inc. purchased a new stake in Invesco National AMT-Free Municipal Bond ETF during the second quarter valued at about $56,000. CWM LLC increased its stake in Invesco National AMT-Free Municipal Bond ETF by 639.3% during the third quarter. CWM LLC now owns 2,580 shares of the company’s stock worth $60,000 after acquiring an additional 2,231 shares during the last quarter. Finally, IFP Advisors Inc raised its holdings in shares of Invesco National AMT-Free Municipal Bond ETF by 696.3% in the 2nd quarter. IFP Advisors Inc now owns 3,822 shares of the company’s stock worth $86,000 after purchasing an additional 3,342 shares during the period.

Invesco National AMT-Free Municipal Bond ETF Trading Up 0.1%

Shares of NYSEARCA:PZA opened at $23.18 on Friday. Invesco National AMT-Free Municipal Bond ETF has a 1 year low of $21.49 and a 1 year high of $23.79. The stock has a 50-day simple moving average of $23.25 and a 200-day simple moving average of $22.89.

Invesco National AMT-Free Municipal Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, January 23rd. Shareholders of record on Tuesday, January 20th will be given a $0.0731 dividend. The ex-dividend date of this dividend is Tuesday, January 20th. This represents a c) annualized dividend and a yield of 3.8%.

About Invesco National AMT-Free Municipal Bond ETF

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.