Convergence Financial LLC Has $12.35 Million Stake in Invesco Short Term Treasury ETF $TBLL

Convergence Financial LLC boosted its stake in shares of Invesco Short Term Treasury ETF (NYSEARCA:TBLL) by 23.0% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 116,926 shares of the company’s stock after buying an additional 21,864 shares during the quarter. Invesco Short Term Treasury ETF comprises approximately 1.9% of Convergence Financial LLC’s investment portfolio, making the stock its 15th largest holding. Convergence Financial LLC’s holdings in Invesco Short Term Treasury ETF were worth $12,352,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in TBLL. Quaker Wealth Management LLC increased its stake in shares of Invesco Short Term Treasury ETF by 200.3% in the second quarter. Quaker Wealth Management LLC now owns 368 shares of the company’s stock valued at $39,000 after buying an additional 735 shares during the period. Tidemark LLC boosted its holdings in Invesco Short Term Treasury ETF by 24.1% in the third quarter. Tidemark LLC now owns 1,666 shares of the company’s stock valued at $176,000 after acquiring an additional 324 shares during the last quarter. Milestone Asset Management LLC acquired a new stake in Invesco Short Term Treasury ETF during the 3rd quarter valued at approximately $203,000. Advyzon Investment Management LLC raised its holdings in Invesco Short Term Treasury ETF by 14.8% during the 2nd quarter. Advyzon Investment Management LLC now owns 2,783 shares of the company’s stock worth $294,000 after purchasing an additional 359 shares during the last quarter. Finally, Centerpoint Advisory Group bought a new position in Invesco Short Term Treasury ETF during the 3rd quarter worth approximately $317,000.

Invesco Short Term Treasury ETF Stock Up 0.0%

NYSEARCA:TBLL opened at $105.82 on Friday. The firm’s fifty day moving average is $105.69 and its 200-day moving average is $105.68. Invesco Short Term Treasury ETF has a 52 week low of $105.39 and a 52 week high of $105.90.

Invesco Short Term Treasury ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Friday, January 23rd. Shareholders of record on Tuesday, January 20th were given a dividend of $0.3301 per share. The ex-dividend date of this dividend was Tuesday, January 20th. This represents a c) dividend on an annualized basis and a yield of 3.7%.

Invesco Short Term Treasury ETF Company Profile

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.