Clark Capital Management Group Inc. Boosts Stock Position in Invesco National AMT-Free Municipal Bond ETF $PZA

Clark Capital Management Group Inc. lifted its stake in shares of Invesco National AMT-Free Municipal Bond ETF (NYSEARCA:PZA) by 37.0% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 119,326 shares of the company’s stock after acquiring an additional 32,197 shares during the quarter. Clark Capital Management Group Inc. owned approximately 0.08% of Invesco National AMT-Free Municipal Bond ETF worth $2,755,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Running Point Capital Advisors LLC raised its stake in Invesco National AMT-Free Municipal Bond ETF by 2.4% during the 3rd quarter. Running Point Capital Advisors LLC now owns 35,976 shares of the company’s stock worth $831,000 after acquiring an additional 855 shares during the period. Wilmington Savings Fund Society FSB boosted its position in shares of Invesco National AMT-Free Municipal Bond ETF by 14.5% in the third quarter. Wilmington Savings Fund Society FSB now owns 6,999 shares of the company’s stock worth $162,000 after purchasing an additional 887 shares during the period. Total Clarity Wealth Management Inc. increased its stake in shares of Invesco National AMT-Free Municipal Bond ETF by 10.9% in the third quarter. Total Clarity Wealth Management Inc. now owns 11,638 shares of the company’s stock worth $269,000 after purchasing an additional 1,144 shares in the last quarter. PAX Financial Group LLC increased its stake in shares of Invesco National AMT-Free Municipal Bond ETF by 11.0% in the second quarter. PAX Financial Group LLC now owns 11,845 shares of the company’s stock worth $265,000 after purchasing an additional 1,172 shares in the last quarter. Finally, Choreo LLC raised its position in shares of Invesco National AMT-Free Municipal Bond ETF by 2.7% during the 2nd quarter. Choreo LLC now owns 45,380 shares of the company’s stock valued at $1,016,000 after purchasing an additional 1,173 shares during the period.

Invesco National AMT-Free Municipal Bond ETF Stock Performance

PZA opened at $23.30 on Tuesday. Invesco National AMT-Free Municipal Bond ETF has a fifty-two week low of $21.49 and a fifty-two week high of $23.63. The firm’s fifty day moving average is $23.35 and its 200 day moving average is $23.22.

Invesco National AMT-Free Municipal Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Monday, February 23rd were issued a dividend of $0.0677 per share. The ex-dividend date of this dividend was Monday, February 23rd. This represents a c) dividend on an annualized basis and a yield of 3.5%.

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.