Synergy Investment Management LLC Acquires New Holdings in Invesco National AMT-Free Municipal Bond ETF $PZA

Synergy Investment Management LLC bought a new position in Invesco National AMT-Free Municipal Bond ETF (NYSEARCA:PZA) in the third quarter, according to the company in its most recent disclosure with the SEC. The fund bought 45,585 shares of the company’s stock, valued at approximately $1,053,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. MAI Capital Management purchased a new stake in Invesco National AMT-Free Municipal Bond ETF during the second quarter valued at $32,000. Westside Investment Management Inc. bought a new stake in shares of Invesco National AMT-Free Municipal Bond ETF during the 2nd quarter valued at about $56,000. CWM LLC increased its position in shares of Invesco National AMT-Free Municipal Bond ETF by 639.3% during the 3rd quarter. CWM LLC now owns 2,580 shares of the company’s stock valued at $60,000 after purchasing an additional 2,231 shares during the last quarter. Global Retirement Partners LLC increased its position in shares of Invesco National AMT-Free Municipal Bond ETF by 55.7% during the 3rd quarter. Global Retirement Partners LLC now owns 3,742 shares of the company’s stock valued at $86,000 after purchasing an additional 1,338 shares during the last quarter. Finally, New Millennium Group LLC bought a new position in shares of Invesco National AMT-Free Municipal Bond ETF in the 2nd quarter worth approximately $86,000.

Invesco National AMT-Free Municipal Bond ETF Price Performance

PZA opened at $23.45 on Thursday. The company’s 50 day moving average is $23.28 and its 200 day moving average is $23.06. Invesco National AMT-Free Municipal Bond ETF has a 12-month low of $21.49 and a 12-month high of $23.79.

Invesco National AMT-Free Municipal Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, January 23rd. Stockholders of record on Tuesday, January 20th were paid a dividend of $0.0731 per share. This represents a c) annualized dividend and a dividend yield of 3.7%. The ex-dividend date was Tuesday, January 20th.

Invesco National AMT-Free Municipal Bond ETF Profile

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.