Invesco National AMT-Free Municipal Bond ETF (NYSEARCA:PZA) Sets New 12-Month Low – Should You Sell?

Invesco National AMT-Free Municipal Bond ETF (NYSEARCA:PZA) shares hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $23.07 and last traded at $23.10, with a volume of 16253 shares changing hands. The stock had previously closed at $23.13.

Invesco National AMT-Free Municipal Bond ETF Stock Down 0.6 %

The firm has a fifty day simple moving average of $23.48 and a 200 day simple moving average of $23.74.

Invesco National AMT-Free Municipal Bond ETF Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, March 28th. Investors of record on Monday, March 24th will be given a $0.0662 dividend. This is a boost from Invesco National AMT-Free Municipal Bond ETF’s previous dividend of $0.07. The ex-dividend date of this dividend is Monday, March 24th.

Institutional Investors Weigh In On Invesco National AMT-Free Municipal Bond ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. TruNorth Capital Management LLC lifted its position in shares of Invesco National AMT-Free Municipal Bond ETF by 8.3% during the 4th quarter. TruNorth Capital Management LLC now owns 6,500 shares of the company’s stock worth $153,000 after buying an additional 500 shares during the period. Interactive Financial Advisors Inc. boosted its position in Invesco National AMT-Free Municipal Bond ETF by 6.9% in the 4th quarter. Interactive Financial Advisors Inc. now owns 9,176 shares of the company’s stock valued at $217,000 after buying an additional 596 shares during the last quarter. SteelPeak Wealth LLC increased its position in Invesco National AMT-Free Municipal Bond ETF by 0.6% in the fourth quarter. SteelPeak Wealth LLC now owns 117,616 shares of the company’s stock worth $2,777,000 after purchasing an additional 654 shares during the period. Dorsey & Whitney Trust CO LLC grew its position in shares of Invesco National AMT-Free Municipal Bond ETF by 2.9% during the 4th quarter. Dorsey & Whitney Trust CO LLC now owns 25,065 shares of the company’s stock worth $592,000 after buying an additional 716 shares during the period. Finally, Flynn Zito Capital Management LLC grew its stake in shares of Invesco National AMT-Free Municipal Bond ETF by 1.4% during the fourth quarter. Flynn Zito Capital Management LLC now owns 54,667 shares of the company’s stock worth $1,291,000 after purchasing an additional 731 shares during the period.

Invesco National AMT-Free Municipal Bond ETF Company 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.