Janney Capital Management LLC Sells 930 Shares of Invesco VRDO Tax-Free ETF (NYSEARCA:PVI)

Janney Capital Management LLC lessened its stake in Invesco VRDO Tax-Free ETF (NYSEARCA:PVI) by 2.2% in the fourth quarter, HoldingsChannel reports. The fund owned 40,851 shares of the company’s stock after selling 930 shares during the period. Janney Capital Management LLC’s holdings in Invesco VRDO Tax-Free ETF were worth $1,009,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of PVI. Foundations Investment Advisors LLC increased its position in shares of Invesco VRDO Tax-Free ETF by 12.8% in the third quarter. Foundations Investment Advisors LLC now owns 11,253 shares of the company’s stock valued at $280,000 after acquiring an additional 1,279 shares during the period. Wealthcare Advisory Partners LLC grew its stake in shares of Invesco VRDO Tax-Free ETF by 9.0% in the fourth quarter. Wealthcare Advisory Partners LLC now owns 42,876 shares of the company’s stock worth $1,059,000 after purchasing an additional 3,525 shares during the last quarter. Atria Investments Inc increased its holdings in Invesco VRDO Tax-Free ETF by 5.5% during the 3rd quarter. Atria Investments Inc now owns 108,841 shares of the company’s stock valued at $2,705,000 after purchasing an additional 5,723 shares during the period. Jane Street Group LLC raised its position in Invesco VRDO Tax-Free ETF by 74.5% during the 3rd quarter. Jane Street Group LLC now owns 17,828 shares of the company’s stock valued at $443,000 after purchasing an additional 7,614 shares during the last quarter. Finally, Net Worth Advisory Group purchased a new stake in Invesco VRDO Tax-Free ETF in the 3rd quarter worth approximately $214,000.

Invesco VRDO Tax-Free ETF Price Performance

PVI opened at $24.83 on Thursday. The stock’s 50 day moving average price is $24.80 and its 200-day moving average price is $24.81. Invesco VRDO Tax-Free ETF has a 52-week low of $24.34 and a 52-week high of $25.37.

About Invesco VRDO Tax-Free ETF

The Invesco VRDO Tax-Free ETF (PVI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of VRDOs issued by US municipalities. PVI was launched on Nov 15, 2007 and is managed by Invesco.