Allworth Financial LP Lowers Stock Holdings in Invesco California AMT-Free Municipal Bond ETF $PWZ

Allworth Financial LP lessened its stake in shares of Invesco California AMT-Free Municipal Bond ETF (NYSEARCA:PWZ) by 28.5% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 96,261 shares of the company’s stock after selling 38,375 shares during the period. Allworth Financial LP owned about 0.21% of Invesco California AMT-Free Municipal Bond ETF worth $2,303,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the company. Creative Planning boosted its stake in shares of Invesco California AMT-Free Municipal Bond ETF by 3.4% during the third quarter. Creative Planning now owns 18,990 shares of the company’s stock valued at $454,000 after purchasing an additional 631 shares in the last quarter. Prospera Financial Services Inc boosted its position in Invesco California AMT-Free Municipal Bond ETF by 1.6% during the 3rd quarter. Prospera Financial Services Inc now owns 43,896 shares of the company’s stock valued at $1,050,000 after acquiring an additional 683 shares in the last quarter. Clifford Swan Investment Counsel LLC boosted its position in Invesco California AMT-Free Municipal Bond ETF by 7.3% during the 3rd quarter. Clifford Swan Investment Counsel LLC now owns 11,050 shares of the company’s stock valued at $264,000 after acquiring an additional 750 shares in the last quarter. Cetera Investment Advisers increased its holdings in shares of Invesco California AMT-Free Municipal Bond ETF by 5.3% in the 2nd quarter. Cetera Investment Advisers now owns 20,568 shares of the company’s stock valued at $480,000 after acquiring an additional 1,035 shares during the period. Finally, Lodestar Private Asset Management LLC increased its holdings in shares of Invesco California AMT-Free Municipal Bond ETF by 2.2% in the 3rd quarter. Lodestar Private Asset Management LLC now owns 64,152 shares of the company’s stock valued at $1,535,000 after acquiring an additional 1,351 shares during the period.

Invesco California AMT-Free Municipal Bond ETF Stock Performance

Shares of NYSEARCA PWZ opened at $23.90 on Friday. Invesco California AMT-Free Municipal Bond ETF has a 1-year low of $22.23 and a 1-year high of $24.59. The business has a fifty day moving average price of $24.29 and a 200 day moving average price of $24.19.

Invesco California AMT-Free Municipal Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Monday, February 23rd were given a dividend of $0.0755 per share. This represents a c) annualized dividend and a dividend yield of 3.8%. The ex-dividend date of this dividend was Monday, February 23rd.

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.