Meadowbrook Advisors Group LLC Takes Position in Invesco National AMT-Free Municipal Bond ETF $PZA

Meadowbrook Advisors Group LLC acquired a new stake in shares of Invesco National AMT-Free Municipal Bond ETF (NYSEARCA:PZA) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 118,656 shares of the company’s stock, valued at approximately $2,752,000. Invesco National AMT-Free Municipal Bond ETF accounts for 1.5% of Meadowbrook Advisors Group LLC’s portfolio, making the stock its 13th biggest position. Meadowbrook Advisors Group LLC owned about 0.08% of Invesco National AMT-Free Municipal Bond ETF at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Bank of America Corp DE lifted its position in Invesco National AMT-Free Municipal Bond ETF by 13.9% in the third quarter. Bank of America Corp DE now owns 52,945,741 shares of the company’s stock worth $1,222,517,000 after purchasing an additional 6,454,954 shares during the period. Wellington Management Group LLP bought a new stake in shares of Invesco National AMT-Free Municipal Bond ETF in the 3rd quarter worth $117,200,000. Cliftonlarsonallen Wealth Advisors LLC raised its stake in shares of Invesco National AMT-Free Municipal Bond ETF by 4.2% in the 4th quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 4,321,626 shares of the company’s stock worth $100,219,000 after buying an additional 173,429 shares in the last quarter. Richard Bernstein Advisors LLC bought a new stake in shares of Invesco National AMT-Free Municipal Bond ETF in the 3rd quarter worth $71,305,000. Finally, Bank of New York Mellon Corp lifted its holdings in shares of Invesco National AMT-Free Municipal Bond ETF by 8.6% in the fourth quarter. Bank of New York Mellon Corp now owns 2,465,871 shares of the company’s stock valued at $57,184,000 after buying an additional 195,846 shares during the period.

Invesco National AMT-Free Municipal Bond ETF Price Performance

Shares of PZA stock opened at $23.49 on Friday. The stock has a 50-day simple moving average of $23.27 and a 200 day simple moving average of $23.26. Invesco National AMT-Free Municipal Bond ETF has a fifty-two week low of $21.87 and a fifty-two week high of $23.63.

Invesco National AMT-Free Municipal Bond ETF Company 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.