Invesco Short Term Treasury ETF (NYSEARCA:TBLL) Sees Strong Trading Volume – Should You Buy?

Invesco Short Term Treasury ETF (NYSEARCA:TBLL) saw strong trading volume on Thursday . 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 Performance

The stock’s 50 day moving average price is $105.61 and its two-hundred day moving average price is $105.63.

Invesco Short Term Treasury ETF Cuts Dividend

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

Institutional Investors Weigh In On Invesco Short Term Treasury ETF

Several institutional investors have recently modified their holdings of TBLL. JPMorgan Chase & Co. acquired a new stake in Invesco Short Term Treasury ETF in the 3rd quarter valued at about $42,000. Tidemark LLC increased its stake in shares of Invesco Short Term Treasury ETF by 1,337.5% during the 4th quarter. Tidemark LLC now owns 690 shares of the company’s stock worth $73,000 after purchasing an additional 642 shares in the last quarter. Comerica Bank increased its stake in shares of Invesco Short Term Treasury ETF by 174.6% during the 4th quarter. Comerica Bank now owns 1,807 shares of the company’s stock worth $191,000 after purchasing an additional 1,149 shares in the last quarter. Impact Partnership Wealth LLC acquired a new position in shares of Invesco Short Term Treasury ETF during the 4th quarter worth approximately $274,000. Finally, Strategic Financial Concepts LLC lifted its stake in Invesco Short Term Treasury ETF by 5,620.9% in the 4th quarter. Strategic Financial Concepts LLC now owns 347,086 shares of the company’s stock valued at $347,000 after buying an additional 341,019 shares in the last quarter.

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.