Sowell Financial Services LLC Buys 2,107 Shares of Invesco 0-5 Yr US TIPS ETF (BATS:PBTP)

Sowell Financial Services LLC raised its stake in shares of Invesco 0-5 Yr US TIPS ETF (BATS:PBTP) by 2.8% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 76,121 shares of the company’s stock after purchasing an additional 2,107 shares during the period. Sowell Financial Services LLC owned 3.62% of Invesco 0-5 Yr US TIPS ETF worth $1,976,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in PBTP. Bank of Montreal Can bought a new position in shares of Invesco 0-5 Yr US TIPS ETF during the 4th quarter valued at about $25,000. Kelly Financial Services LLC bought a new position in Invesco 0-5 Yr US TIPS ETF during the first quarter valued at approximately $779,000. Bank of America Corp DE boosted its position in shares of Invesco 0-5 Yr US TIPS ETF by 2.6% during the 4th quarter. Bank of America Corp DE now owns 32,401 shares of the company’s stock valued at $823,000 after acquiring an additional 816 shares during the last quarter. Raymond James Financial Inc. bought a new position in shares of Invesco 0-5 Yr US TIPS ETF during the 4th quarter valued at approximately $973,000. Finally, Tidemark LLC boosted its position in shares of Invesco 0-5 Yr US TIPS ETF by 26.3% during the 4th quarter. Tidemark LLC now owns 73,644 shares of the company’s stock valued at $1,871,000 after acquiring an additional 15,334 shares during the last quarter.

Invesco 0-5 Yr US TIPS ETF Trading Up 0.2%

BATS PBTP opened at $26.08 on Wednesday. Invesco 0-5 Yr US TIPS ETF has a one year low of $24.93 and a one year high of $26.20. The stock has a 50 day moving average price of $26.03 and a 200-day moving average price of $25.80.

Invesco 0-5 Yr US TIPS ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 24th were issued a $0.2057 dividend. This is a positive change from Invesco 0-5 Yr US TIPS ETF’s previous dividend of $0.11. The ex-dividend date of this dividend was Monday, March 24th.

Invesco 0-5 Yr US TIPS ETF Company Profile

The Invesco PureBeta 0-5 Yr US TIPS ETF (PBTP) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of US Treasury inflation-protected securities with up to five years remaining to maturity. PBTP was launched on Sep 22, 2017 and is managed by Invesco.