Power Wealth Management LLC Cuts Position in Invesco Short Term Treasury ETF $TBLL

Power Wealth Management LLC decreased its stake in Invesco Short Term Treasury ETF (NYSEARCA:TBLL) by 21.4% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 79,445 shares of the company’s stock after selling 21,682 shares during the period. Invesco Short Term Treasury ETF accounts for approximately 3.1% of Power Wealth Management LLC’s holdings, making the stock its 9th largest position. Power Wealth Management LLC’s holdings in Invesco Short Term Treasury ETF were worth $8,393,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Quaker Wealth Management LLC lifted its stake in Invesco Short Term Treasury ETF by 39.4% in the third quarter. Quaker Wealth Management LLC now owns 513 shares of the company’s stock valued at $54,000 after acquiring an additional 145 shares during the last quarter. Tidemark LLC lifted its stake in Invesco Short Term Treasury ETF by 24.1% in the 3rd quarter. Tidemark LLC now owns 1,666 shares of the company’s stock valued at $176,000 after purchasing an additional 324 shares during the last quarter. Advyzon Investment Management LLC grew its holdings in Invesco Short Term Treasury ETF by 14.8% during the second 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 period. PFG Advisors grew its holdings in Invesco Short Term Treasury ETF by 7.9% during the second quarter. PFG Advisors now owns 4,939 shares of the company’s stock worth $521,000 after purchasing an additional 363 shares during the period. Finally, Valeo Financial Advisors LLC increased its position in Invesco Short Term Treasury ETF by 2.5% during the second quarter. Valeo Financial Advisors LLC now owns 15,520 shares of the company’s stock worth $1,638,000 after buying an additional 383 shares during the last quarter.

Invesco Short Term Treasury ETF Stock Performance

NYSEARCA:TBLL opened at $105.58 on Friday. Invesco Short Term Treasury ETF has a 12-month low of $105.39 and a 12-month high of $105.90. The stock’s 50 day moving average price is $105.66 and its two-hundred day moving average price is $105.68.

Invesco Short Term Treasury ETF Cuts Dividend

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

About Invesco Short Term Treasury ETF

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.