Avantax Advisory Services Inc. Lowers Position in Invesco Short Term Treasury ETF (NYSEARCA:TBLL)

Avantax Advisory Services Inc. trimmed its holdings in Invesco Short Term Treasury ETF (NYSEARCA:TBLL) by 57.0% during the 4th quarter, Holdings Channel.com reports. The fund owned 1,938 shares of the company’s stock after selling 2,566 shares during the period. Avantax Advisory Services Inc.’s holdings in Invesco Short Term Treasury ETF were worth $205,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of TBLL. Strategic Financial Concepts LLC grew its position in Invesco Short Term Treasury ETF by 5,620.9% in the fourth quarter. Strategic Financial Concepts LLC now owns 347,086 shares of the company’s stock worth $347,000 after acquiring an additional 341,019 shares in the last quarter. Matauro LLC bought a new stake in Invesco Short Term Treasury ETF during the 4th quarter valued at $17,472,000. PNC Financial Services Group Inc. increased its position in shares of Invesco Short Term Treasury ETF by 7.5% during the fourth quarter. PNC Financial Services Group Inc. now owns 1,198,251 shares of the company’s stock worth $126,535,000 after purchasing an additional 83,709 shares in the last quarter. CPR Investments Inc. lifted its stake in shares of Invesco Short Term Treasury ETF by 28.4% during the fourth quarter. CPR Investments Inc. now owns 347,355 shares of the company’s stock worth $36,681,000 after buying an additional 76,745 shares during the period. Finally, Castle Wealth Management LLC lifted its holdings in shares of Invesco Short Term Treasury ETF by 27.0% during the fourth quarter. Castle Wealth Management LLC now owns 311,435 shares of the company’s stock worth $32,887,000 after purchasing an additional 66,222 shares during the period.

Invesco Short Term Treasury ETF Stock Performance

NYSEARCA TBLL opened at $105.50 on Friday. The company has a fifty day moving average of $105.61 and a 200 day moving average of $105.64. Invesco Short Term Treasury ETF has a 1 year low of $105.28 and a 1 year high of $105.99.

Invesco Short Term Treasury ETF Cuts Dividend

The company also recently declared a dividend, which will be paid on Friday, March 28th. Investors of record on Monday, March 24th will be given a dividend of $0.3637 per share. The ex-dividend date of this dividend is Monday, March 24th.

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.