Invesco California AMT-Free Municipal Bond ETF $PWZ Shares Bought by Destination Wealth Management

Destination Wealth Management grew its holdings in shares of Invesco California AMT-Free Municipal Bond ETF (NYSEARCA:PWZ) by 67.0% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 58,868 shares of the company’s stock after purchasing an additional 23,612 shares during the period. Destination Wealth Management’s holdings in Invesco California AMT-Free Municipal Bond ETF were worth $1,408,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently made changes to their positions in the business. Ameriflex Group Inc. raised its holdings in shares of Invesco California AMT-Free Municipal Bond ETF by 100.0% in the 3rd quarter. Ameriflex Group Inc. now owns 2,998 shares of the company’s stock worth $72,000 after purchasing an additional 1,499 shares in the last quarter. Ameritas Advisory Services LLC bought a new stake in Invesco California AMT-Free Municipal Bond ETF during the third quarter worth approximately $174,000. Elequin Capital LP acquired a new position in Invesco California AMT-Free Municipal Bond ETF in the third quarter worth approximately $211,000. Private Client Services LLC acquired a new position in Invesco California AMT-Free Municipal Bond ETF in the third quarter worth approximately $213,000. Finally, Corient Private Wealth LLC bought a new position in shares of Invesco California AMT-Free Municipal Bond ETF in the second quarter valued at $227,000.

Invesco California AMT-Free Municipal Bond ETF Trading Up 0.6%

Shares of NYSEARCA:PWZ opened at $24.21 on Monday. Invesco California AMT-Free Municipal Bond ETF has a one year low of $22.23 and a one year high of $24.59. The stock has a fifty day moving average of $24.30 and a 200-day moving average of $24.16.

Invesco California AMT-Free Municipal Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Friday, February 27th. Stockholders of record on Monday, February 23rd were given a dividend of $0.0755 per share. The ex-dividend date of this dividend was Monday, February 23rd. This represents a c) dividend on an annualized basis and a dividend yield of 3.7%.

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.