Invesco New York AMT-Free Municipal Bond ETF $PZT Shares Bought by Hennion & Walsh Asset Management Inc.

Hennion & Walsh Asset Management Inc. lifted its position in shares of Invesco New York AMT-Free Municipal Bond ETF (NYSEARCA:PZT) by 16.6% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 277,144 shares of the company’s stock after buying an additional 39,534 shares during the period. Hennion & Walsh Asset Management Inc. owned approximately 4.62% of Invesco New York AMT-Free Municipal Bond ETF worth $6,184,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also made changes to their positions in the company. Root Financial Partners LLC acquired a new position in Invesco New York AMT-Free Municipal Bond ETF in the third quarter valued at approximately $41,000. Jones Financial Companies Lllp purchased a new position in Invesco New York AMT-Free Municipal Bond ETF in the first quarter worth approximately $211,000. Flagship Harbor Advisors LLC purchased a new stake in Invesco New York AMT-Free Municipal Bond ETF in the third quarter valued at $220,000. JPMorgan Chase & Co. raised its position in Invesco New York AMT-Free Municipal Bond ETF by 42.3% in the second quarter. JPMorgan Chase & Co. now owns 11,752 shares of the company’s stock valued at $254,000 after purchasing an additional 3,492 shares during the period. Finally, PFG Investments LLC raised its position in Invesco New York AMT-Free Municipal Bond ETF by 17.3% in the third quarter. PFG Investments LLC now owns 11,785 shares of the company’s stock valued at $262,000 after purchasing an additional 1,742 shares during the period.

Invesco New York AMT-Free Municipal Bond ETF Price Performance

Shares of Invesco New York AMT-Free Municipal Bond ETF stock opened at $21.99 on Monday. Invesco New York AMT-Free Municipal Bond ETF has a 52 week low of $20.19 and a 52 week high of $22.71. The business’s fifty day simple moving average is $22.34 and its 200-day simple moving average is $22.37.

Invesco New York AMT-Free Municipal Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Monday, February 23rd were given a $0.0653 dividend. The ex-dividend date of this dividend was Monday, February 23rd. This represents a c) dividend on an annualized basis and a yield of 3.6%.

About Invesco New York AMT-Free Municipal Bond ETF

The PowerShares New York AMT-Free Municipal Bond Portfolio (the Fund), formerly The PowerShares Insured New York Municipal Bond Portfolio, is based on The BofA Merrill Lynch New York Long-Term Core Plus Municipal Securities Index (Index). The Fund will invest at least 80% of its total assets in municipal securities that comprise the Index. The Index is composed of the United States dollar-denominated, investment grade, tax-exempt debt publicly issued by New York or any of the United States territory, or their political subdivisions, in the the United States domestic market with a term of at least 15 years remaining to final maturity.