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Confluence Investment Management’s Invesco National AMT-Free Municipal Bond ETF PZA Stock Holding History

Confluence Investment 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
2026
Q2 		$4.53M Sell
192,712
-16,069
-8% -$374K 0.07% 123
2026
Q1 		$4.8M Sell
208,781
-4,623
-2% -$108K 0.07% 117
2025
Q4 		$4.95M Sell
213,404
-7,802
-4% -$182K 0.07% 125
2025
Q3 		$5.11M Sell
221,206
-95,957
-30% -$2.15M 0.07% 126
2025
Q2 		$7.1M Sell
317,163
-9,043
-3% -$203K 0.1% 118
2025
Q1 		$7.52M Sell
326,206
-6,552
-2% -$154K 0.11% 118
2024
Q4 		$7.86M Sell
332,758
-3,880
-1% -$92.7K 0.11% 114
2024
Q3 		$8.13M Sell
336,638
-21,807
-6% -$522K 0.11% 117
2024
Q2 		$8.49M Sell
358,445
-2,810
-0.8% -$66.4K 0.12% 112
2024
Q1 		$8.61M Sell
361,255
-2,937
-0.8% -$70.3K 0.12% 111
2023
Q4 		$8.81M Sell
364,192
-3,009
-0.8% -$68.7K 0.12% 114
2023
Q3 		$8.14M Sell
367,201
-2,590
-0.7% -$60K 0.13% 113
2023
Q2 		$8.73M Sell
369,791
-9,599
-3% -$226K 0.13% 113
2023
Q1 		$8.98M Buy
379,390
+3,496
+0.9% +$82.2K 0.13% 111
2022
Q4 		$8.62M Buy
+375,894
New +$8.51M 0.13% 111

Other funds holding PZA

Bank of America
Bank of America Charlotte, North Carolina $1.55T AUM 33.47% 1-Year Est. Return
UBS Group
UBS Group Zurich, Switzerland $786B AUM 40.34% 1-Year Est. Return
Ameriprise
Ameriprise Minneapolis, Minnesota $495B AUM 43.24% 1-Year Est. Return
Envestnet Asset Management
Envestnet Asset Management Chicago, Illinois $424B AUM 22.96% 1-Year Est. Return
JT
Jupiter Topco New York $245B AUM
CCWA
CLA (CliftonLarsonAllen) Wealth Advisors Minneapolis, Minnesota $7.61B AUM 16.44% 1-Year Est. Return
LPL Financial
LPL Financial San Diego, California $445B AUM 25.58% 1-Year Est. Return
Bank of New York Mellon
Bank of New York Mellon New York $609B AUM 40.19% 1-Year Est. Return
JP Morgan Chase
JP Morgan Chase New York $1.81T AUM 41.13% 1-Year Est. Return
EWA
EP Wealth Advisors Torrance, California $26.2B AUM

Confluence Investment Management's PZA Position: Q2 2026 in Review

Confluence Investment Management reduced its Invesco National AMT-Free Municipal Bond ETF (PZA) stake by 7.7% in Q2 2026, selling an estimated $374K and leaving 192,712 shares worth $4.53M. The position accounts for 0.07% of the portfolio, ranked #123.

Confluence Investment Management first reported a position in PZA in Q4 2022 and has held it in 15 quarters since. The position peaked at $8.98M in Q1 2023. 323 funds tracked by Wall St. Rank hold PZA as of Q2 2026.

  • Confluence Investment Management held 192,712 shares of Invesco National AMT-Free Municipal Bond ETF worth $4.53M as of Q2 2026.
  • Confluence Investment Management sold 16,069 Invesco National AMT-Free Municipal Bond ETF shares in Q2 2026, an estimated $374K.
  • Invesco National AMT-Free Municipal Bond ETF made up 0.07% of Confluence Investment Management's portfolio in Q2 2026, its #123 holding.
  • Confluence Investment Management first reported a position in Invesco National AMT-Free Municipal Bond ETF in Q4 2022 and has held it in 15 quarters since.
  • Confluence Investment Management's Invesco National AMT-Free Municipal Bond ETF position peaked at $8.98M in Q1 2023.
  • 323 funds tracked by Wall St. Rank held Invesco National AMT-Free Municipal Bond ETF as of Q2 2026.

Based on Confluence Investment Management's 13F filing for Q2 2026, filed 1 Jul 2026.