Invesco Short Term Treasury ETF (NYSEARCA:TBLL) Sees Large Volume Increase – Here’s What Happened

Invesco Short Term Treasury ETF (NYSEARCA:TBLL) saw unusually-strong trading volume on Thursday . Approximately 378,415 shares changed hands during trading, an increase of 129% from the previous session’s volume of 165,299 shares.The stock last traded at $105.59 and had previously closed at $105.54.

Invesco Short Term Treasury ETF Stock Up 0.0 %

The stock has a fifty day moving average of $105.61 and a 200-day moving average of $105.63.

Invesco Short Term Treasury ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were issued a $0.3637 dividend. The ex-dividend date of this dividend was Monday, March 24th.

Institutional Trading of Invesco Short Term Treasury ETF

Several institutional investors and hedge funds have recently made changes to their positions in the company. HighTower Advisors LLC boosted its stake in Invesco Short Term Treasury ETF by 10.5% during the 3rd quarter. HighTower Advisors LLC now owns 118,646 shares of the company’s stock worth $12,538,000 after purchasing an additional 11,234 shares during the period. World Investment Advisors LLC boosted its stake in shares of Invesco Short Term Treasury ETF by 8.8% during the third quarter. World Investment Advisors LLC now owns 11,229 shares of the company’s stock worth $1,186,000 after buying an additional 908 shares during the period. Synovus Financial Corp grew its holdings in shares of Invesco Short Term Treasury ETF by 74.9% during the third quarter. Synovus Financial Corp now owns 10,758 shares of the company’s stock worth $1,137,000 after buying an additional 4,608 shares during the last quarter. JPMorgan Chase & Co. acquired a new position in Invesco Short Term Treasury ETF in the 3rd quarter valued at about $42,000. Finally, Old Port Advisors increased its position in Invesco Short Term Treasury ETF by 348.1% in the 4th quarter. Old Port Advisors now owns 28,298 shares of the company’s stock valued at $2,988,000 after acquiring an additional 21,983 shares during the period.

About Invesco Short Term Treasury ETF

The Invesco Short Term Treasury ETF (TBLL) is an exchange-traded fund that is based on the ICE US Treasury Short Bond index. The fund tracks a market-weighted index of debt issued by the US Treasury. Remaining maturity must be between 1-12 months. TBLL was launched on Jan 12, 2017 and is issued by Invesco.