Invesco Short Term Treasury ETF (NYSEARCA:TBLL) Sees Strong Trading Volume – What’s Next?

Shares of Invesco Short Term Treasury ETF (NYSEARCA:TBLL) saw unusually-strong trading volume on Friday . Approximately 1,813,938 shares traded hands during mid-day trading, an increase of 543% from the previous session’s volume of 282,124 shares.The stock last traded at $105.70 and had previously closed at $105.67.

Invesco Short Term Treasury ETF Stock Up 0.0%

The company’s fifty day moving average price is $105.66 and its 200-day moving average price is $105.68.

Invesco Short Term Treasury ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Monday, February 23rd were given a dividend of $0.3231 per share. This represents a c) annualized dividend and a dividend yield of 3.7%. The ex-dividend date was Monday, February 23rd.

Hedge Funds Weigh In On Invesco Short Term Treasury ETF

A number of large investors have recently bought and sold shares of TBLL. AWM Capital LLC grew its position in Invesco Short Term Treasury ETF by 81.4% in the 3rd quarter. AWM Capital LLC now owns 873,605 shares of the company’s stock valued at $92,288,000 after acquiring an additional 392,052 shares during the last quarter. Bank of America Corp DE boosted its stake in shares of Invesco Short Term Treasury ETF by 96.4% during the second quarter. Bank of America Corp DE now owns 376,723 shares of the company’s stock valued at $39,759,000 after purchasing an additional 184,891 shares during the period. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Invesco Short Term Treasury ETF by 2,130.0% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 129,496 shares of the company’s stock worth $13,681,000 after purchasing an additional 123,689 shares during the last quarter. Clear Retirement Advice LLC purchased a new position in Invesco Short Term Treasury ETF in the 4th quarter worth about $11,824,000. Finally, Dock Street Asset Management Inc. increased its stake in Invesco Short Term Treasury ETF by 142.9% in the 3rd quarter. Dock Street Asset Management Inc. now owns 183,800 shares of the company’s stock worth $19,417,000 after buying an additional 108,134 shares during the period.

About Invesco Short Term Treasury ETF

The Invesco Short Term Treasury ETF (TBLL) is an exchange-traded fund that is based on the ICE US Treasury Short Bond index. The fund tracks a market-weighted index of debt issued by the US Treasury. Remaining maturity must be between 1-12 months. TBLL was launched on Jan 12, 2017 and is issued by Invesco.