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

Janney Capital Management LLC reduced its holdings in shares of Invesco VRDO Tax-Free ETF (NYSEARCA:PVI) by 2.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 40,851 shares of the company’s stock after selling 930 shares during the quarter. Janney Capital Management LLC owned about 2.64% of Invesco VRDO Tax-Free ETF worth $1,009,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of PVI. Sanctuary Advisors LLC bought a new position in Invesco VRDO Tax-Free ETF in the 2nd quarter worth about $2,546,000. First Affirmative Financial Network boosted its position in shares of Invesco VRDO Tax-Free ETF by 109.2% in the third quarter. First Affirmative Financial Network now owns 32,504 shares of the company’s stock valued at $808,000 after acquiring an additional 16,969 shares during the period. Net Worth Advisory Group bought a new position in shares of Invesco VRDO Tax-Free ETF in the third quarter valued at approximately $214,000. Foundations Investment Advisors LLC grew its stake in Invesco VRDO Tax-Free ETF by 12.8% during 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 in the last quarter. Finally, 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 worth $2,705,000 after acquiring an additional 5,723 shares during the period.

Invesco VRDO Tax-Free ETF Trading Up 0.2 %

NYSEARCA PVI opened at $24.83 on Thursday. The company’s 50 day simple moving average is $24.80 and its two-hundred day simple moving average is $24.81. Invesco VRDO Tax-Free ETF has a 1 year low of $24.34 and a 1 year high of $25.37.

Invesco VRDO Tax-Free ETF Company Profile

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.