Invesco Short Term Treasury ETF (NYSEARCA:TBLL) Sees Unusually-High Trading Volume – Should You Buy?

Shares of Invesco Short Term Treasury ETF (NYSEARCA:TBLL) saw unusually-strong trading volume on Monday . Approximately 303,452 shares changed hands during mid-day trading, an increase of 46% from the previous session’s volume of 208,112 shares.The stock last traded at $105.40 and had previously closed at $105.39.

Invesco Short Term Treasury ETF Trading Up 0.0%

The business’s fifty day moving average price is $105.62 and its 200-day moving average price is $105.61.

Hedge Funds Weigh In On Invesco Short Term Treasury ETF

Several hedge funds have recently added to or reduced their stakes in TBLL. Tidemark LLC boosted its stake in shares of Invesco Short Term Treasury ETF by 16.2% in the first quarter. Tidemark LLC now owns 802 shares of the company’s stock valued at $85,000 after buying an additional 112 shares in the last quarter. Valeo Financial Advisors LLC grew its stake in shares of Invesco Short Term Treasury ETF by 1.1% during the first quarter. Valeo Financial Advisors LLC now owns 15,137 shares of the company’s stock valued at $1,597,000 after acquiring an additional 172 shares in the last quarter. Clearwater Capital Advisors LLC grew its stake in Invesco Short Term Treasury ETF by 1.1% in the first quarter. Clearwater Capital Advisors LLC now owns 26,786 shares of the company’s stock worth $2,827,000 after purchasing an additional 284 shares in the last quarter. PFG Advisors lifted its holdings in Invesco Short Term Treasury ETF by 7.4% in the first quarter. PFG Advisors now owns 4,576 shares of the company’s stock worth $483,000 after acquiring an additional 317 shares during the last quarter. Finally, Steward Partners Investment Advisory LLC raised its holdings in shares of Invesco Short Term Treasury ETF by 9.4% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 3,901 shares of the company’s stock valued at $412,000 after buying an additional 335 shares during the last quarter.

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.