Charles Schwab Investment Advisory Inc. Sells 56,054 Shares of Invesco California AMT-Free Municipal Bond ETF (NYSEARCA:PWZ)

Charles Schwab Investment Advisory Inc. reduced its stake in Invesco California AMT-Free Municipal Bond ETF (NYSEARCA:PWZ) by 0.6% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,034,590 shares of the company’s stock after selling 56,054 shares during the period. Charles Schwab Investment Advisory Inc. owned 36.21% of Invesco California AMT-Free Municipal Bond ETF worth $222,612,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Bristlecone Advisors LLC purchased a new position in shares of Invesco California AMT-Free Municipal Bond ETF during the 1st quarter worth approximately $49,000. Money Concepts Capital Corp raised its holdings in Invesco California AMT-Free Municipal Bond ETF by 51.4% in the fourth quarter. Money Concepts Capital Corp now owns 2,877 shares of the company’s stock worth $69,000 after purchasing an additional 977 shares in the last quarter. ZRC Wealth Management LLC bought a new position in Invesco California AMT-Free Municipal Bond ETF in the second quarter worth $72,000. Northwestern Mutual Wealth Management Co. purchased a new position in Invesco California AMT-Free Municipal Bond ETF during the fourth quarter valued at $99,000. Finally, Ameritas Advisory Services LLC bought a new stake in shares of Invesco California AMT-Free Municipal Bond ETF during the 1st quarter valued at $180,000.

Invesco California AMT-Free Municipal Bond ETF Stock Up 1.3 %

Shares of NYSEARCA:PWZ traded up $0.30 during midday trading on Tuesday, reaching $23.81. The company’s stock had a trading volume of 11,783 shares, compared to its average volume of 254,679. Invesco California AMT-Free Municipal Bond ETF has a 12-month low of $22.57 and a 12-month high of $25.11. The firm has a 50 day moving average of $23.40 and a 200-day moving average of $24.13.

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.