Ashford Capital Management’s Invesco National AMT-Free Municipal Bond ETF PZA Stock Holding History

Ashford Capital Management’s Portfolio PZA Stock Details PZA Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2020 Q2	–	Sell	-8,980	Closed	-$232K	–	104
2020 Q1	$232K	Buy	+8,980	New	+$237K	0.04%	81
2017 Q1	–	Sell	-70,926	Closed	-$1.76M	–	108
2016 Q4	$1.76M	Sell	70,926 -26,239	-27%	-$662K	0.36%	55
2016 Q3	$2.53M	Buy	97,165 +3,389	+4%	+$89K	0.52%	51
2016 Q2	$2.49M	Buy	93,776 +12,365	+15%	+$322K	0.56%	50
2016 Q1	$2.1M	Buy	81,411 +44,527	+121%	+$1.14M	0.5%	51
2015 Q4	$939K	Buy	36,884 +13,134	+55%	+$331K	0.22%	65
2015 Q3	$594K	Sell	23,750 -20,096	-46%	-$502K	0.14%	80
2015 Q2	$1.08M	Sell	43,846 -301,442	-87%	-$7.55M	0.24%	71
2015 Q1	$8.81M	Sell	345,288 -86,796	-20%	-$2.22M	1.8%	14
2014 Q4	$11M	Buy	432,084 +228,785	+113%	+$5.79M	2.19%	9
2014 Q3	$5.11M	Buy	203,299 +10,317	+5%	+$257K	1.1%	40
2014 Q2	$4.76M	Sell	192,982 -117,240	-38%	-$2.87M	0.96%	40
2014 Q1	$7.48M	Buy	310,222 +269,208	+656%	+$6.39M	1.45%	22
2013 Q4	$942K	Sell	41,014 -93,499	-70%	-$2.16M	0.18%	89
2013 Q3	$3.1M	Sell	134,513 -249,857	-65%	-$5.75M	0.62%	58
2013 Q2	$9.19M	Buy	+384,370	New	+$9.68M	1.99%	11

Other funds holding PZA

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

UBS Group Zurich, Switzerland $666B AUM 30.12% 1-Year Est. Return

RBA

Richard Bernstein Advisors New York $3.45B AUM 16.24% 1-Year Est. Return

TNBTD

Trustmark National Bank Trust Department Jackson, Mississippi $1.56B AUM 16.53% 1-Year Est. Return

Envestnet Asset Management Chicago, Illinois $374B AUM 17.66% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

Royal Bank of Canada Toronto, Ontario, Canada $570B AUM 27.57% 1-Year Est. Return

LPL Financial San Diego, California $377B AUM 19.32% 1-Year Est. Return

Ameriprise Minneapolis, Minnesota $432B AUM 30.22% 1-Year Est. Return

Osaic Holdings Scottsdale, Arizona $68.3B AUM 20.5% 1-Year Est. Return

Ashford Capital Management's PZA Position: Q2 2020 in Review

Ashford Capital Management sold out of Invesco National AMT-Free Municipal Bond ETF (PZA) in Q2 2020, closing a stake of 8,980 shares — an estimated $232K sold.

Ashford Capital Management first reported a position in PZA in Q2 2013 and held it in 16 quarters. The position peaked at $11M in Q4 2014. 157 funds tracked by Wall St. Rank hold PZA as of Q2 2020.

Ashford Capital Management reported no remaining Invesco National AMT-Free Municipal Bond ETF position as of Q2 2020 after selling out during the quarter.
Ashford Capital Management sold 8,980 Invesco National AMT-Free Municipal Bond ETF shares in Q2 2020, an estimated $232K.
Ashford Capital Management first reported a position in Invesco National AMT-Free Municipal Bond ETF in Q2 2013 and held it in 16 quarters.
Ashford Capital Management's Invesco National AMT-Free Municipal Bond ETF position peaked at $11M in Q4 2014.
157 funds tracked by Wall St. Rank held Invesco National AMT-Free Municipal Bond ETF as of Q2 2020.

Based on Ashford Capital Management's 13F filing for Q2 2020, filed 17 Aug 2020.