Sowell Financial Services LLC Increases Stock Position in Invesco 0-5 Yr US TIPS ETF (BATS:PBTP)

Sowell Financial Services LLC grew its stake in Invesco 0-5 Yr US TIPS ETF (BATS:PBTP) by 26.6% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 74,014 shares of the company’s stock after purchasing an additional 15,557 shares during the quarter. Sowell Financial Services LLC owned about 3.46% of Invesco 0-5 Yr US TIPS ETF worth $1,880,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Centerpoint Advisory Group bought a new position in Invesco 0-5 Yr US TIPS ETF in the 4th quarter worth $412,000. Arkadios Wealth Advisors raised its holdings in Invesco 0-5 Yr US TIPS ETF by 5.4% in the 4th quarter. Arkadios Wealth Advisors now owns 19,307 shares of the company’s stock worth $490,000 after purchasing an additional 981 shares in the last quarter. Raymond James Financial Inc. bought a new position in Invesco 0-5 Yr US TIPS ETF in the 4th quarter worth $973,000. Tidemark LLC raised its holdings in Invesco 0-5 Yr US TIPS ETF by 8.4% in the 3rd quarter. Tidemark LLC now owns 58,310 shares of the company’s stock worth $1,488,000 after purchasing an additional 4,498 shares in the last quarter. Finally, Flow Traders U.S. LLC raised its holdings in Invesco 0-5 Yr US TIPS ETF by 71.8% in the 3rd quarter. Flow Traders U.S. LLC now owns 152,791 shares of the company’s stock worth $3,900,000 after purchasing an additional 63,837 shares in the last quarter.

Invesco 0-5 Yr US TIPS ETF Stock Performance

Shares of BATS PBTP opened at $25.90 on Monday. Invesco 0-5 Yr US TIPS ETF has a 12 month low of $24.93 and a 12 month high of $26.03. The firm has a fifty day simple moving average of $25.63 and a two-hundred day simple moving average of $25.53.

Invesco 0-5 Yr US TIPS ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were paid a $0.1058 dividend. This is a positive change from Invesco 0-5 Yr US TIPS ETF’s previous dividend of $0.09. The ex-dividend date was Monday, December 23rd.

Invesco 0-5 Yr US TIPS ETF Company Profile

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.