Sowell Financial Services LLC Buys 15,557 Shares of Invesco 0-5 Yr US TIPS ETF (BATS:PBTP)

Sowell Financial Services LLC grew its stake in shares of Invesco 0-5 Yr US TIPS ETF (BATS:PBTP) by 26.6% during the 4th quarter, HoldingsChannel reports. 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’s holdings in Invesco 0-5 Yr US TIPS ETF were worth $1,880,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of PBTP. Centerpoint Advisory Group bought a new stake in Invesco 0-5 Yr US TIPS ETF in the fourth quarter worth $412,000. Tidemark LLC increased its position in Invesco 0-5 Yr US TIPS ETF by 8.4% in the third quarter. Tidemark LLC now owns 58,310 shares of the company’s stock worth $1,488,000 after purchasing an additional 4,498 shares during the last quarter. Flow Traders U.S. LLC increased its position in Invesco 0-5 Yr US TIPS ETF by 71.8% in the third 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 during the last quarter. Trilogy Capital Inc. increased its position in Invesco 0-5 Yr US TIPS ETF by 0.7% in the fourth quarter. Trilogy Capital Inc. now owns 171,507 shares of the company’s stock worth $4,356,000 after purchasing an additional 1,217 shares during the last quarter. Finally, Arkadios Wealth Advisors increased its position in Invesco 0-5 Yr US TIPS ETF by 5.4% in the fourth quarter. Arkadios Wealth Advisors now owns 19,307 shares of the company’s stock worth $490,000 after purchasing an additional 981 shares during the last quarter.

Invesco 0-5 Yr US TIPS ETF Stock Performance

Shares of PBTP opened at $25.90 on Monday. The company’s fifty day moving average is $25.63 and its 200 day moving average is $25.53. Invesco 0-5 Yr US TIPS ETF has a fifty-two week low of $24.93 and a fifty-two week high of $26.03.

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 given a $0.1058 dividend. The ex-dividend date was Monday, December 23rd. This is a boost from Invesco 0-5 Yr US TIPS ETF’s previous dividend of $0.09.

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.