Destiny Capital Corp CO Sells 471 Shares of Invesco 0-5 Yr US TIPS ETF (BATS:PBTP)

Destiny Capital Corp CO reduced its position in Invesco 0-5 Yr US TIPS ETF (BATS:PBTP) by 5.5% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,039 shares of the company’s stock after selling 471 shares during the quarter. Destiny Capital Corp CO owned 0.38% of Invesco 0-5 Yr US TIPS ETF worth $209,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in PBTP. Bank of Montreal Can bought a new position in Invesco 0-5 Yr US TIPS ETF in the fourth quarter worth about $25,000. Centerpoint Advisory Group purchased a new stake in shares of Invesco 0-5 Yr US TIPS ETF during the fourth quarter worth about $412,000. Kelly Financial Services LLC purchased a new stake in shares of Invesco 0-5 Yr US TIPS ETF during the first quarter worth about $779,000. Bank of America Corp DE grew its stake in shares of Invesco 0-5 Yr US TIPS ETF by 2.6% during the fourth quarter. Bank of America Corp DE now owns 32,401 shares of the company’s stock worth $823,000 after acquiring an additional 816 shares during the last quarter. Finally, Raymond James Financial Inc. purchased a new stake in shares of Invesco 0-5 Yr US TIPS ETF during the fourth quarter worth about $973,000.

Invesco 0-5 Yr US TIPS ETF Stock Performance

Shares of PBTP stock opened at $26.05 on Friday. Invesco 0-5 Yr US TIPS ETF has a fifty-two week low of $24.93 and a fifty-two week high of $26.20. The stock’s 50-day simple moving average is $26.02 and its 200-day simple moving average is $25.79.

Invesco 0-5 Yr US TIPS ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were paid a dividend of $0.2057 per share. 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.

About Invesco 0-5 Yr US TIPS ETF

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.