Invesco California AMT-Free Municipal Bond ETF (NYSEARCA:PWZ) Shares Sold by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. trimmed its holdings in shares of Invesco California AMT-Free Municipal Bond ETF (NYSEARCA:PWZ) by 32.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 8,836 shares of the company’s stock after selling 4,191 shares during the period. Charles Schwab Investment Management Inc.’s holdings in Invesco California AMT-Free Municipal Bond ETF were worth $218,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of PWZ. Atlas Legacy Advisors LLC bought a new stake in Invesco California AMT-Free Municipal Bond ETF during the fourth quarter worth approximately $11,097,000. Miracle Mile Advisors LLC raised its stake in shares of Invesco California AMT-Free Municipal Bond ETF by 6.8% in the 4th quarter. Miracle Mile Advisors LLC now owns 2,424,844 shares of the company’s stock worth $59,894,000 after buying an additional 154,087 shares in the last quarter. Impact Investors Inc bought a new stake in shares of Invesco California AMT-Free Municipal Bond ETF in the 4th quarter worth $2,434,000. Stratos Wealth Partners LTD. lifted its holdings in shares of Invesco California AMT-Free Municipal Bond ETF by 4.5% in the fourth quarter. Stratos Wealth Partners LTD. now owns 1,475,592 shares of the company’s stock valued at $36,447,000 after buying an additional 64,034 shares during the period. Finally, Verus Wealth Management LLC bought a new position in Invesco California AMT-Free Municipal Bond ETF during the fourth quarter valued at about $1,396,000.

Invesco California AMT-Free Municipal Bond ETF Price Performance

PWZ stock opened at $24.03 on Wednesday. Invesco California AMT-Free Municipal Bond ETF has a 12 month low of $23.60 and a 12 month high of $25.49. The firm has a 50 day simple moving average of $24.42 and a 200 day simple moving average of $24.71.

Invesco California AMT-Free Municipal Bond ETF Increases Dividend

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

Invesco California AMT-Free Municipal Bond ETF Company 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.