Clark Capital Management Group Inc. Grows Stake in Invesco National AMT-Free Municipal Bond ETF $PZA

Clark Capital Management Group Inc. boosted its holdings in shares of Invesco National AMT-Free Municipal Bond ETF (NYSEARCA:PZA) by 37.0% during the 3rd quarter, Holdings Channel reports. The firm owned 119,326 shares of the company’s stock after buying an additional 32,197 shares during the period. Clark Capital Management Group Inc.’s holdings in Invesco National AMT-Free Municipal Bond ETF were worth $2,755,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Bank of America Corp DE boosted its stake in Invesco National AMT-Free Municipal Bond ETF by 13.9% in the 3rd quarter. Bank of America Corp DE now owns 52,945,741 shares of the company’s stock worth $1,222,517,000 after purchasing an additional 6,454,954 shares during the period. Wellington Management Group LLP bought a new stake in shares of Invesco National AMT-Free Municipal Bond ETF during the third quarter valued at approximately $117,200,000. Richard Bernstein Advisors LLC purchased a new position in shares of Invesco National AMT-Free Municipal Bond ETF in the third quarter worth $71,305,000. Envestnet Asset Management Inc. lifted its holdings in shares of Invesco National AMT-Free Municipal Bond ETF by 42.7% in the third quarter. Envestnet Asset Management Inc. now owns 2,763,992 shares of the company’s stock worth $63,821,000 after buying an additional 827,731 shares in the last quarter. Finally, Quadrature Capital Ltd bought a new position in shares of Invesco National AMT-Free Municipal Bond ETF during the second quarter worth $13,777,000.

Invesco National AMT-Free Municipal Bond ETF Stock Up 0.1%

PZA opened at $23.30 on Tuesday. The company has a fifty day moving average of $23.35 and a 200 day moving average of $23.22. 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.

Invesco National AMT-Free Municipal Bond ETF Cuts Dividend

The business also recently disclosed 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. This represents a c) annualized dividend and a dividend yield of 3.5%. The ex-dividend date of this dividend was Monday, February 23rd.

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.