Chatterton & Associates Inc. Takes Position in Invesco California AMT-Free Municipal Bond ETF $PWZ

Chatterton & Associates Inc. purchased a new stake in Invesco California AMT-Free Municipal Bond ETF (NYSEARCA:PWZ) in the fourth quarter, HoldingsChannel reports. The fund purchased 92,381 shares of the company’s stock, valued at approximately $2,232,000. Invesco California AMT-Free Municipal Bond ETF comprises about 1.9% of Chatterton & Associates Inc.’s investment portfolio, making the stock its 17th biggest position.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in PWZ. Wealthfront Advisers LLC increased its stake in Invesco California AMT-Free Municipal Bond ETF by 265.5% during the third quarter. Wealthfront Advisers LLC now owns 18,905,818 shares of the company’s stock worth $452,227,000 after acquiring an additional 13,733,922 shares during the last quarter. Mercer Global Advisors Inc. ADV lifted its stake in shares of Invesco California AMT-Free Municipal Bond ETF by 34.3% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 2,238,739 shares of the company’s stock valued at $53,551,000 after purchasing an additional 571,684 shares during the last quarter. Gerber Kawasaki Wealth & Investment Management boosted its holdings in shares of Invesco California AMT-Free Municipal Bond ETF by 42.0% in the 3rd quarter. Gerber Kawasaki Wealth & Investment Management now owns 1,732,806 shares of the company’s stock worth $41,449,000 after purchasing an additional 512,910 shares during the period. Bank of America Corp DE boosted its holdings in shares of Invesco California AMT-Free Municipal Bond ETF by 41.0% in the 3rd quarter. Bank of America Corp DE now owns 985,000 shares of the company’s stock worth $23,561,000 after purchasing an additional 286,187 shares during the period. Finally, Jane Street Group LLC increased its position in shares of Invesco California AMT-Free Municipal Bond ETF by 82.3% during the 2nd quarter. Jane Street Group LLC now owns 489,526 shares of the company’s stock valued at $11,426,000 after purchasing an additional 220,948 shares during the last quarter.

Invesco California AMT-Free Municipal Bond ETF Stock Performance

NYSEARCA:PWZ opened at $24.05 on Friday. The stock’s fifty day moving average is $24.21 and its 200 day moving average is $24.20. Invesco California AMT-Free Municipal Bond ETF has a fifty-two week low of $22.23 and a fifty-two week high of $24.59.

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.