Dynamic Wealth Strategies LLC Lowers Stock Holdings in Invesco California AMT-Free Municipal Bond ETF (NYSEARCA:PWZ)

Dynamic Wealth Strategies LLC lowered its position in Invesco California AMT-Free Municipal Bond ETF (NYSEARCA:PWZ) by 3.8% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 34,269 shares of the company’s stock after selling 1,354 shares during the quarter. Invesco California AMT-Free Municipal Bond ETF makes up about 0.8% of Dynamic Wealth Strategies LLC’s investment portfolio, making the stock its 24th largest position. Dynamic Wealth Strategies LLC’s holdings in Invesco California AMT-Free Municipal Bond ETF were worth $846,000 at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of PWZ. LPL Financial LLC raised its position in shares of Invesco California AMT-Free Municipal Bond ETF by 8.5% during the fourth quarter. LPL Financial LLC now owns 552,990 shares of the company’s stock valued at $13,659,000 after buying an additional 43,301 shares during the last quarter. GAMMA Investing LLC increased its holdings in Invesco California AMT-Free Municipal Bond ETF by 153.9% in the 4th quarter. GAMMA Investing LLC now owns 27,193 shares of the company’s stock valued at $672,000 after acquiring an additional 16,484 shares during the last quarter. Hennion & Walsh Asset Management Inc. lifted its stake in Invesco California AMT-Free Municipal Bond ETF by 32.5% in the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 28,099 shares of the company’s stock worth $694,000 after purchasing an additional 6,891 shares in the last quarter. HighTower Advisors LLC lifted its stake in Invesco California AMT-Free Municipal Bond ETF by 49.2% in the 4th quarter. HighTower Advisors LLC now owns 56,902 shares of the company’s stock worth $1,405,000 after purchasing an additional 18,773 shares in the last quarter. Finally, Commonwealth Equity Services LLC boosted its holdings in shares of Invesco California AMT-Free Municipal Bond ETF by 84.8% during the 4th quarter. Commonwealth Equity Services LLC now owns 50,536 shares of the company’s stock valued at $1,248,000 after purchasing an additional 23,194 shares during the last quarter.

Invesco California AMT-Free Municipal Bond ETF Stock Performance

Shares of Invesco California AMT-Free Municipal Bond ETF stock opened at $22.91 on Monday. Invesco California AMT-Free Municipal Bond ETF has a twelve month low of $22.23 and a twelve month high of $25.49. The business has a 50-day moving average price of $24.19 and a 200-day moving average price of $24.58.

Invesco California AMT-Free Municipal Bond ETF Increases Dividend

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

About Invesco California AMT-Free Municipal Bond ETF

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.