Partnervest Advisory Services LLC lowered its stake in PowerShares California AMT-Free Municipal Bond Portfolio (NYSEARCA:PWZ) by 8.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 25,271 shares of the company’s stock after selling 2,360 shares during the period. Partnervest Advisory Services LLC owned approximately 0.26% of PowerShares California AMT-Free Municipal Bond Portfolio worth $667,000 as of its most recent filing with the SEC.

Shares of PowerShares California AMT-Free Municipal Bond Portfolio (PWZ) traded up $0.06 during midday trading on Tuesday, hitting $26.12. The company had a trading volume of 63,600 shares, compared to its average volume of 61,971. PowerShares California AMT-Free Municipal Bond Portfolio has a 52 week low of $25.00 and a 52 week high of $26.50.

The business also recently declared a monthly dividend, which will be paid on Wednesday, January 31st. Investors of record on Tuesday, January 23rd will be given a $0.0533 dividend. The ex-dividend date is Monday, January 22nd. This represents a $0.64 dividend on an annualized basis and a dividend yield of 2.45%. This is a boost from PowerShares California AMT-Free Municipal Bond Portfolio’s previous monthly dividend of $0.05.

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