Invesco Short Term Treasury ETF (NYSEARCA:TBLL) Sees Strong Trading Volume – Should You Buy?

Invesco Short Term Treasury ETF (NYSEARCA:TBLL) shares saw an uptick in trading volume on Friday . 1,813,938 shares changed hands during trading, an increase of 543% from the previous session’s volume of 282,124 shares.The stock last traded at $105.70 and had previously closed at $105.67.

Invesco Short Term Treasury ETF Stock Up 0.0%

The firm has a fifty day moving average of $105.66 and a 200 day moving average of $105.69.

Invesco Short Term Treasury ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, February 27th. Stockholders of record on Monday, February 23rd were given a dividend of $0.3231 per share. This represents a c) annualized dividend and a dividend yield of 3.7%. The ex-dividend date of this dividend was Monday, February 23rd.

Institutional Investors Weigh In On Invesco Short Term Treasury ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. AWM Capital LLC boosted its holdings in Invesco Short Term Treasury ETF by 81.4% in the third quarter. AWM Capital LLC now owns 873,605 shares of the company’s stock valued at $92,288,000 after purchasing an additional 392,052 shares in the last quarter. Bank of America Corp DE raised its holdings in Invesco Short Term Treasury ETF by 96.4% during the second quarter. Bank of America Corp DE now owns 376,723 shares of the company’s stock worth $39,759,000 after purchasing an additional 184,891 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in Invesco Short Term Treasury ETF by 2,130.0% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 129,496 shares of the company’s stock worth $13,681,000 after purchasing an additional 123,689 shares in the last quarter. Clear Retirement Advice LLC purchased a new stake in shares of Invesco Short Term Treasury ETF during the 4th quarter worth approximately $11,824,000. Finally, Dock Street Asset Management Inc. lifted its position in shares of Invesco Short Term Treasury ETF by 142.9% during the 3rd quarter. Dock Street Asset Management Inc. now owns 183,800 shares of the company’s stock worth $19,417,000 after buying an additional 108,134 shares during the last quarter.

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.