Syon Capital LLC Sells 54,399 Shares of Invesco California AMT-Free Municipal Bond ETF $PWZ

Syon Capital LLC reduced its stake in Invesco California AMT-Free Municipal Bond ETF (NYSEARCA:PWZ) by 4.0% during the 3rd quarter, HoldingsChannel reports. The fund owned 1,297,219 shares of the company’s stock after selling 54,399 shares during the quarter. Invesco California AMT-Free Municipal Bond ETF comprises 1.7% of Syon Capital LLC’s investment portfolio, making the stock its 12th largest position. Syon Capital LLC’s holdings in Invesco California AMT-Free Municipal Bond ETF were worth $31,029,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Ameritas Advisory Services LLC acquired a new stake in Invesco California AMT-Free Municipal Bond ETF in the 3rd quarter valued at approximately $174,000. Private Client Services LLC bought a new stake in Invesco California AMT-Free Municipal Bond ETF in the 3rd quarter valued at $213,000. Corient Private Wealth LLC bought a new position in shares of Invesco California AMT-Free Municipal Bond ETF in the second quarter valued at about $227,000. Concurrent Investment Advisors LLC bought a new position in Invesco California AMT-Free Municipal Bond ETF in the 3rd quarter valued at about $249,000. Finally, WCG Wealth Advisors LLC acquired a new stake in Invesco California AMT-Free Municipal Bond ETF during the 2nd quarter worth approximately $262,000.

Invesco California AMT-Free Municipal Bond ETF Trading Up 0.2%

Shares of Invesco California AMT-Free Municipal Bond ETF stock opened at $24.47 on Wednesday. The company has a 50-day simple moving average of $24.23 and a two-hundred day simple moving average of $23.99. Invesco California AMT-Free Municipal Bond ETF has a twelve month low of $22.23 and a twelve month high of $24.94.

Invesco California AMT-Free Municipal Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, January 23rd. Stockholders of record on Tuesday, January 20th were issued a dividend of $0.077 per share. This is a boost from Invesco California AMT-Free Municipal Bond ETF’s previous monthly dividend of $0.07. The ex-dividend date of this dividend was Tuesday, January 20th. This represents a c) dividend on an annualized basis and a dividend yield of 3.8%.

Invesco California AMT-Free Municipal Bond ETF 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.