Truist Financial Corp Increases Stock Holdings in Invesco National AMT-Free Municipal Bond ETF (NYSEARCA:PZA)

Truist Financial Corp increased its stake in shares of Invesco National AMT-Free Municipal Bond ETF (NYSEARCA:PZA) by 26.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 463,344 shares of the company’s stock after purchasing an additional 95,958 shares during the quarter. Truist Financial Corp owned approximately 0.39% of Invesco National AMT-Free Municipal Bond ETF worth $10,940,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in PZA. Annex Advisory Services LLC purchased a new stake in Invesco National AMT-Free Municipal Bond ETF during the 4th quarter worth about $16,811,000. Cliftonlarsonallen Wealth Advisors LLC increased its position in Invesco National AMT-Free Municipal Bond ETF by 7.0% during the 4th quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 2,701,822 shares of the company’s stock worth $63,790,000 after purchasing an additional 176,308 shares in the last quarter. Parcion Private Wealth LLC increased its position in Invesco National AMT-Free Municipal Bond ETF by 23.0% during the 3rd quarter. Parcion Private Wealth LLC now owns 824,250 shares of the company’s stock worth $19,906,000 after purchasing an additional 154,400 shares in the last quarter. CX Institutional increased its position in Invesco National AMT-Free Municipal Bond ETF by 21.6% during the 4th quarter. CX Institutional now owns 760,497 shares of the company’s stock worth $17,955,000 after purchasing an additional 135,024 shares in the last quarter. Finally, 1900 Wealth Management LLC boosted its stake in Invesco National AMT-Free Municipal Bond ETF by 13.5% in the 3rd quarter. 1900 Wealth Management LLC now owns 852,161 shares of the company’s stock worth $20,307,000 after buying an additional 101,056 shares during the last quarter.

Invesco National AMT-Free Municipal Bond ETF Price Performance

Shares of NYSEARCA:PZA opened at $23.61 on Friday. The stock’s 50-day moving average price is $23.57 and its two-hundred day moving average price is $23.83. Invesco National AMT-Free Municipal Bond ETF has a 12-month low of $23.19 and a 12-month high of $24.34.

Invesco National AMT-Free Municipal Bond ETF 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.