Elmwood Wealth Management Inc. Acquires 99,289 Shares of Invesco California AMT-Free Municipal Bond ETF $PWZ

Elmwood Wealth Management Inc. raised its stake in shares of Invesco California AMT-Free Municipal Bond ETF (NYSEARCA:PWZ) by 396.0% in the third quarter, according to its most recent 13F filing with the SEC. The fund owned 124,364 shares of the company’s stock after purchasing an additional 99,289 shares during the period. Elmwood Wealth Management Inc. owned approximately 0.27% of Invesco California AMT-Free Municipal Bond ETF worth $2,975,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of PWZ. Private Client Services LLC bought a new position in shares of Invesco California AMT-Free Municipal Bond ETF in the third quarter valued at approximately $213,000. Corient Private Wealth LLC purchased a new stake in Invesco California AMT-Free Municipal Bond ETF in the 2nd quarter valued at $227,000. Concurrent Investment Advisors LLC bought a new position in Invesco California AMT-Free Municipal Bond ETF during the 3rd quarter valued at $249,000. WCG Wealth Advisors LLC purchased a new position in Invesco California AMT-Free Municipal Bond ETF during the 2nd quarter worth $262,000. Finally, Laurel Wealth Planning LLC boosted its holdings in 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 worth $278,000 after acquiring an additional 1,853 shares during the last quarter.

Invesco California AMT-Free Municipal Bond ETF Trading Down 0.4%

Shares of PWZ stock opened at $24.27 on Thursday. The firm has a 50-day moving average of $24.21 and a 200-day moving average of $23.94. Invesco California AMT-Free Municipal Bond ETF has a one year low of $22.23 and a one year high of $24.94.

Invesco California AMT-Free Municipal Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, January 23rd. Shareholders of record on Tuesday, January 20th were paid a $0.077 dividend. This is a positive change from Invesco California AMT-Free Municipal Bond ETF’s previous monthly dividend of $0.07. The ex-dividend date was Tuesday, January 20th. This represents a c) annualized dividend and a yield of 3.8%.

Invesco California AMT-Free Municipal Bond ETF Company 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.