Kelly Financial Services LLC Invests $779,000 in Invesco 0-5 Yr US TIPS ETF (BATS:PBTP)

Kelly Financial Services LLC bought a new position in shares of Invesco 0-5 Yr US TIPS ETF (BATS:PBTP) in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 30,006 shares of the company’s stock, valued at approximately $779,000. Kelly Financial Services LLC owned approximately 1.43% of Invesco 0-5 Yr US TIPS ETF as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Bank of America Corp DE raised its stake in Invesco 0-5 Yr US TIPS ETF by 2.6% in the fourth quarter. Bank of America Corp DE now owns 32,401 shares of the company’s stock valued at $823,000 after purchasing an additional 816 shares in the last quarter. Bank of Montreal Can acquired a new position in Invesco 0-5 Yr US TIPS ETF in the fourth quarter valued at about $25,000. Tidemark LLC raised its stake in Invesco 0-5 Yr US TIPS ETF by 26.3% in the fourth quarter. Tidemark LLC now owns 73,644 shares of the company’s stock valued at $1,871,000 after purchasing an additional 15,334 shares in the last quarter. Sowell Financial Services LLC raised its stake in Invesco 0-5 Yr US TIPS ETF by 26.6% in the fourth quarter. Sowell Financial Services LLC now owns 74,014 shares of the company’s stock valued at $1,880,000 after purchasing an additional 15,557 shares in the last quarter. Finally, Centerpoint Advisory Group acquired a new position in Invesco 0-5 Yr US TIPS ETF in the fourth quarter valued at about $412,000.

Invesco 0-5 Yr US TIPS ETF Stock Up 0.0%

PBTP stock opened at $26.03 on Thursday. Invesco 0-5 Yr US TIPS ETF has a 52 week low of $24.93 and a 52 week high of $26.20. The business has a 50-day simple moving average of $26.02 and a 200 day simple moving average of $25.78.

Invesco 0-5 Yr US TIPS ETF Increases Dividend

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