Goodman Advisory Group Acquires Stake in Invesco Municipal Bond ETF

Goodman Advisory Group LLC has acquired a new stake in the Invesco National AMT-Free Municipal Bond ETF (NYSEARCA:PZA), purchasing 170,813 shares valued at approximately $3.944 million. This acquisition was disclosed in the firm’s latest report to the Securities and Exchange Commission for the third quarter of 2023.

A variety of institutional investors have also adjusted their positions in the ETF. Notably, MAI Capital Management established a new position worth around $32,000 in the second quarter. Meanwhile, Blair William & Co. IL increased its holdings by an impressive 795.2% during the third quarter, now owning 1,486 shares valued at $34,000 after acquiring an additional 1,320 shares.

CWM LLC has also made significant strides, boosting its stake by 639.3% and now holding 2,580 shares worth $60,000 after adding 2,231 shares. Additionally, Global Retirement Partners LLC raised its position by 55.7%, bringing its total to 3,742 shares valued at $86,000 following the purchase of another 1,338 shares. Creative Financial Designs Inc. ADV also entered a new position during the third quarter, valued at approximately $126,000.

Current Trading Performance

As of the latest trading session, shares of the Invesco National AMT-Free Municipal Bond ETF opened at $23.31. The fund’s fifty-day moving average stands at $23.34, with a 200-day average at $23.17. Over the past year, the ETF has experienced a low of $21.49 and a high of $23.63.

About the Invesco National AMT-Free Municipal Bond ETF

The Invesco National AMT-Free Municipal Bond ETF primarily invests in investment-grade fixed income securities. It tracks an index comprising tax-exempt debt that is publicly issued by U.S. states, with a minimum of 15 years remaining to maturity. Launched on October 11, 2007, the fund is managed by Invesco.

For those interested in further details about institutional holdings, HoldingsChannel.com provides the latest 13F filings and insider trades related to the ETF. Subscribers can also receive daily summaries of news and ratings for the Invesco National AMT-Free Municipal Bond ETF and related entities through MarketBeat’s free newsletter.