Charles Schwab Investment Management Inc. Has $218,000 Stock Holdings in Invesco California AMT-Free Municipal Bond ETF (NYSEARCA:PWZ)

Charles Schwab Investment Management Inc. trimmed its stake in shares of Invesco California AMT-Free Municipal Bond ETF (NYSEARCA:PWZ) by 32.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 8,836 shares of the company’s stock after selling 4,191 shares during the quarter. Charles Schwab Investment Management Inc.’s holdings in Invesco California AMT-Free Municipal Bond ETF were worth $218,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. Townsquare Capital LLC bought a new stake in shares of Invesco California AMT-Free Municipal Bond ETF in the 3rd quarter worth about $475,000. HighTower Advisors LLC grew its stake in Invesco California AMT-Free Municipal Bond ETF by 1.3% during the third quarter. HighTower Advisors LLC now owns 38,129 shares of the company’s stock worth $959,000 after buying an additional 475 shares during the last quarter. EP Wealth Advisors LLC increased its holdings in shares of Invesco California AMT-Free Municipal Bond ETF by 1.7% during the third quarter. EP Wealth Advisors LLC now owns 773,395 shares of the company’s stock worth $19,397,000 after buying an additional 12,990 shares in the last quarter. Destination Wealth Management raised its stake 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 acquiring an additional 500 shares during the last quarter. Finally, GAMMA Investing LLC raised its stake in shares of Invesco California AMT-Free Municipal Bond ETF by 153.9% in the fourth 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.

Invesco California AMT-Free Municipal Bond ETF Stock Performance

NYSEARCA PWZ opened at $24.03 on Wednesday. The stock’s 50 day simple moving average is $24.42 and its 200 day simple moving average is $24.71. Invesco California AMT-Free Municipal Bond ETF has a one year low of $23.60 and a one year high of $25.49.

Invesco California AMT-Free Municipal Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, March 28th. Stockholders 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.