Commonwealth Equity Services LLC Buys 23,194 Shares of Invesco California AMT-Free Municipal Bond ETF (NYSEARCA:PWZ)

Commonwealth Equity Services LLC lifted its stake in shares of Invesco California AMT-Free Municipal Bond ETF (NYSEARCA:PWZ) by 84.8% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 50,536 shares of the company’s stock after acquiring an additional 23,194 shares during the quarter. Commonwealth Equity Services LLC owned about 0.15% of Invesco California AMT-Free Municipal Bond ETF worth $1,248,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in the stock. HighTower Advisors LLC raised its holdings in Invesco California AMT-Free Municipal Bond ETF by 1.3% in the 3rd quarter. HighTower Advisors LLC now owns 38,129 shares of the company’s stock worth $959,000 after acquiring an additional 475 shares during the period. Destination Wealth Management grew its position in shares of Invesco California AMT-Free Municipal Bond ETF by 2.0% in the third quarter. Destination Wealth Management now owns 26,118 shares of the company’s stock valued at $655,000 after purchasing an additional 500 shares during the last quarter. Bristlecone Advisors LLC increased its stake in shares of Invesco California AMT-Free Municipal Bond ETF by 32.3% in the fourth quarter. Bristlecone Advisors LLC now owns 4,100 shares of the company’s stock worth $101,000 after purchasing an additional 1,000 shares during the period. Golden State Wealth Management LLC bought a new position in shares of Invesco California AMT-Free Municipal Bond ETF in the fourth quarter worth about $47,000. Finally, Omega Financial Group LLC lifted its position in shares of Invesco California AMT-Free Municipal Bond ETF by 9.4% during the 4th quarter. Omega Financial Group LLC now owns 24,777 shares of the company’s stock worth $612,000 after purchasing an additional 2,122 shares during the last quarter.

Invesco California AMT-Free Municipal Bond ETF Stock Performance

Shares of NYSEARCA:PWZ opened at $23.82 on Monday. The business has a 50 day moving average price of $24.44 and a 200 day moving average price of $24.72. Invesco California AMT-Free Municipal Bond ETF has a twelve month low of $23.60 and a twelve month high of $25.49.

Invesco California AMT-Free Municipal Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were paid a $0.0687 dividend. This is an increase from Invesco California AMT-Free Municipal Bond ETF’s previous dividend of $0.07. The ex-dividend date was Monday, March 24th.

Invesco California AMT-Free Municipal Bond ETF Profile

The Invesco California AMT-Free Municipal Bond ETF (PWZ) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of insured investment-grade, tax-exempt debt issued by California or any US territory with at least 15 years remaining to maturity. PWZ was launched on Oct 11, 2007 and is managed by Invesco.