Northwestern Mutual Wealth Management Co. Has $26.82 Million Position in Invesco National AMT-Free Municipal Bond ETF $PZA

Northwestern Mutual Wealth Management Co. reduced its stake in Invesco National AMT-Free Municipal Bond ETF (NYSEARCA:PZA) by 26.5% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,156,405 shares of the company’s stock after selling 416,188 shares during the period. Northwestern Mutual Wealth Management Co. owned about 0.79% of Invesco National AMT-Free Municipal Bond ETF worth $26,817,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the stock. Petix & Botte Co boosted its stake in shares of Invesco National AMT-Free Municipal Bond ETF by 4.2% in the 4th quarter. Petix & Botte Co now owns 182,268 shares of the company’s stock valued at $4,227,000 after purchasing an additional 7,390 shares in the last quarter. Cornerstone Wealth Management LLC boosted its stake in shares of Invesco National AMT-Free Municipal Bond ETF by 66.0% in the 4th quarter. Cornerstone Wealth Management LLC now owns 15,187 shares of the company’s stock valued at $352,000 after purchasing an additional 6,037 shares in the last quarter. Allworth Financial LP boosted its stake in shares of Invesco National AMT-Free Municipal Bond ETF by 8.4% in the 4th quarter. Allworth Financial LP now owns 492,908 shares of the company’s stock valued at $11,431,000 after purchasing an additional 38,146 shares in the last quarter. World Investment Advisors boosted its stake in shares of Invesco National AMT-Free Municipal Bond ETF by 6.0% in the 4th quarter. World Investment Advisors now owns 39,894 shares of the company’s stock valued at $908,000 after purchasing an additional 2,261 shares in the last quarter. Finally, Englebert Financial Advisers LLC acquired a new stake in shares of Invesco National AMT-Free Municipal Bond ETF in the 4th quarter valued at approximately $311,000.

Invesco National AMT-Free Municipal Bond ETF Stock Performance

PZA opened at $22.85 on Wednesday. The company’s 50 day moving average is $23.19 and its 200-day moving average is $23.26. Invesco National AMT-Free Municipal Bond ETF has a 1-year low of $21.87 and a 1-year high of $23.63.

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.