Mission Hills Financial Advisory LLC Buys 63,108 Shares of Invesco KBW High Dividend Yield Financial ETF $KBWD

Mission Hills Financial Advisory LLC grew its stake in Invesco KBW High Dividend Yield Financial ETF (NASDAQ:KBWD) by 8.5% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 808,721 shares of the company’s stock after purchasing an additional 63,108 shares during the quarter. Invesco KBW High Dividend Yield Financial ETF makes up approximately 5.8% of Mission Hills Financial Advisory LLC’s holdings, making the stock its 8th biggest holding. Mission Hills Financial Advisory LLC’s holdings in Invesco KBW High Dividend Yield Financial ETF were worth $11,051,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the stock. Kingswood Wealth Advisors LLC raised its stake in shares of Invesco KBW High Dividend Yield Financial ETF by 2.0% in the 4th quarter. Kingswood Wealth Advisors LLC now owns 54,766 shares of the company’s stock valued at $748,000 after purchasing an additional 1,086 shares in the last quarter. Stratos Wealth Partners LTD. raised its stake in shares of Invesco KBW High Dividend Yield Financial ETF by 11.9% in the 4th quarter. Stratos Wealth Partners LTD. now owns 11,912 shares of the company’s stock valued at $163,000 after purchasing an additional 1,271 shares in the last quarter. Gradient Investments LLC raised its stake in Invesco KBW High Dividend Yield Financial ETF by 2.1% during the fourth quarter. Gradient Investments LLC now owns 549,196 shares of the company’s stock worth $7,504,000 after acquiring an additional 11,530 shares during the period. Triumph Capital Management raised its stake in Invesco KBW High Dividend Yield Financial ETF by 14.9% during the third quarter. Triumph Capital Management now owns 48,004 shares of the company’s stock worth $649,000 after acquiring an additional 6,219 shares during the period. Finally, IFP Advisors Inc raised its stake in Invesco KBW High Dividend Yield Financial ETF by 24.6% during the third quarter. IFP Advisors Inc now owns 24,449 shares of the company’s stock worth $331,000 after acquiring an additional 4,821 shares during the period.

Invesco KBW High Dividend Yield Financial ETF Stock Up 2.3%

KBWD opened at $13.35 on Friday. The firm has a market cap of $447.09 million, a price-to-earnings ratio of 10.83 and a beta of 1.06. Invesco KBW High Dividend Yield Financial ETF has a fifty-two week low of $12.05 and a fifty-two week high of $14.74. The company’s 50-day moving average price is $12.90 and its 200 day moving average price is $13.48.

Invesco KBW High Dividend Yield Financial ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, April 24th. Investors of record on Monday, April 20th were paid a dividend of $0.1434 per share. The ex-dividend date was Monday, April 20th. This represents a c) annualized dividend and a yield of 12.9%.

About Invesco KBW High Dividend Yield Financial ETF

The Invesco KBW High Dividend Yield Financial ETF (KBWD) is an exchange-traded fund that mostly invests in financials equity. The fund tracks a dividend-yield-weighted index of US financial firms. KBWD was launched on Dec 2, 2010 and is managed by Invesco.