Truist Financial Corp Sells 299,362 Shares of Invesco National AMT-Free Municipal Bond ETF $PZA

Truist Financial Corp cut its stake in Invesco National AMT-Free Municipal Bond ETF (NYSEARCA:PZA) by 66.3% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 152,200 shares of the company’s stock after selling 299,362 shares during the quarter. Truist Financial Corp owned 0.10% of Invesco National AMT-Free Municipal Bond ETF worth $3,514,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently made changes to their positions in PZA. MAI Capital Management purchased a new stake in Invesco National AMT-Free Municipal Bond ETF in the second quarter worth approximately $32,000. Westside Investment Management Inc. bought a new position in shares of Invesco National AMT-Free Municipal Bond ETF during the 2nd quarter valued at $56,000. CWM LLC boosted its stake in shares of Invesco National AMT-Free Municipal Bond ETF by 639.3% in the 3rd quarter. CWM LLC now owns 2,580 shares of the company’s stock worth $60,000 after buying an additional 2,231 shares during the last quarter. IFP Advisors Inc grew its holdings in shares of Invesco National AMT-Free Municipal Bond ETF by 696.3% in the second quarter. IFP Advisors Inc now owns 3,822 shares of the company’s stock worth $86,000 after acquiring an additional 3,342 shares during the period. Finally, New Millennium Group LLC purchased a new stake in Invesco National AMT-Free Municipal Bond ETF during the second quarter valued at $86,000.

Invesco National AMT-Free Municipal Bond ETF Price Performance

Shares of NYSEARCA:PZA opened at $23.33 on Friday. The stock’s 50-day simple moving average is $23.24 and its two-hundred day simple moving average is $22.97. Invesco National AMT-Free Municipal Bond ETF has a 52-week low of $21.49 and a 52-week high of $23.79.

Invesco National AMT-Free Municipal Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, January 23rd. Investors of record on Tuesday, January 20th were given a dividend of $0.0731 per share. This represents a c) annualized dividend and a yield of 3.8%. The ex-dividend date was Tuesday, January 20th.

About Invesco National AMT-Free Municipal Bond ETF

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.