Impact Investors Inc Lowers Holdings in Invesco California AMT-Free Municipal Bond ETF $PWZ

Impact Investors Inc reduced its stake in shares of Invesco California AMT-Free Municipal Bond ETF (NYSEARCA:PWZ) by 46.7% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 43,365 shares of the company’s stock after selling 38,066 shares during the quarter. Impact Investors Inc owned about 0.10% of Invesco California AMT-Free Municipal Bond ETF worth $1,037,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of PWZ. Elmwood Wealth Management Inc. increased its holdings in shares of Invesco California AMT-Free Municipal Bond ETF by 2.7% in the second quarter. Elmwood Wealth Management Inc. now owns 25,075 shares of the company’s stock worth $585,000 after purchasing an additional 650 shares during the last quarter. Cetera Investment Advisers grew its holdings in Invesco California AMT-Free Municipal Bond ETF by 5.3% during the 2nd quarter. Cetera Investment Advisers now owns 20,568 shares of the company’s stock valued at $480,000 after buying an additional 1,035 shares in the last quarter. Mattern Capital Management LLC increased its stake in Invesco California AMT-Free Municipal Bond ETF by 4.3% in the 2nd quarter. Mattern Capital Management LLC now owns 29,340 shares of the company’s stock worth $685,000 after acquiring an additional 1,199 shares during the last quarter. Lodestar Private Asset Management LLC raised its holdings in shares of Invesco California AMT-Free Municipal Bond ETF by 2.2% during the 3rd quarter. Lodestar Private Asset Management LLC now owns 64,152 shares of the company’s stock worth $1,535,000 after acquiring an additional 1,351 shares in the last quarter. Finally, Laurel Wealth Planning LLC boosted its position in shares of Invesco California AMT-Free Municipal Bond ETF by 19.0% during the 3rd quarter. Laurel Wealth Planning LLC now owns 11,602 shares of the company’s stock valued at $278,000 after acquiring an additional 1,853 shares during the last quarter.

Invesco California AMT-Free Municipal Bond ETF Price Performance

PWZ stock opened at $24.07 on Wednesday. The firm has a fifty day moving average price of $24.24 and a 200 day moving average price of $23.82. Invesco California AMT-Free Municipal Bond ETF has a fifty-two week low of $22.23 and a fifty-two week high of $24.94.

Invesco California AMT-Free Municipal Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, January 23rd. Shareholders of record on Tuesday, January 20th will be paid a $0.077 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date of this dividend is Tuesday, January 20th. This is an increase from Invesco California AMT-Free Municipal Bond ETF’s previous monthly 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.