Founders Financial Alliance LLC Acquires 687 Shares of Invesco KBW High Dividend Yield Financial ETF (NASDAQ:KBWD)

Founders Financial Alliance LLC raised its holdings in shares of Invesco KBW High Dividend Yield Financial ETF (NASDAQ:KBWD) by 10.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 7,490 shares of the company’s stock after purchasing an additional 687 shares during the quarter. Founders Financial Alliance LLC’s holdings in Invesco KBW High Dividend Yield Financial ETF were worth $110,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the stock. Atria Wealth Solutions Inc. increased its stake in Invesco KBW High Dividend Yield Financial ETF by 3.7% in the 4th quarter. Atria Wealth Solutions Inc. now owns 49,328 shares of the company’s stock worth $724,000 after buying an additional 1,777 shares during the period. IFP Advisors Inc raised its stake in shares of Invesco KBW High Dividend Yield Financial ETF by 23.5% during the fourth quarter. IFP Advisors Inc now owns 10,750 shares of the company’s stock valued at $158,000 after acquiring an additional 2,048 shares in the last quarter. Janney Montgomery Scott LLC raised its stake in shares of Invesco KBW High Dividend Yield Financial ETF by 12.5% during the fourth quarter. Janney Montgomery Scott LLC now owns 33,649 shares of the company’s stock valued at $494,000 after acquiring an additional 3,742 shares in the last quarter. Choreo LLC boosted its holdings in shares of Invesco KBW High Dividend Yield Financial ETF by 5.9% in the fourth quarter. Choreo LLC now owns 70,832 shares of the company’s stock valued at $1,039,000 after purchasing an additional 3,936 shares during the period. Finally, Advyzon Investment Management LLC bought a new position in Invesco KBW High Dividend Yield Financial ETF in the fourth quarter worth approximately $151,000.

Invesco KBW High Dividend Yield Financial ETF Trading Down 2.3 %

Shares of Invesco KBW High Dividend Yield Financial ETF stock opened at $14.67 on Wednesday. Invesco KBW High Dividend Yield Financial ETF has a 12 month low of $14.12 and a 12 month high of $16.38. The firm has a market cap of $413.69 million, a P/E ratio of 9.75 and a beta of 1.40. The stock’s fifty day moving average price is $15.07 and its 200-day moving average price is $15.11.

Invesco KBW High Dividend Yield Financial ETF Increases Dividend

The company also recently announced a dividend, which was paid on Friday, February 28th. Investors of record on Monday, February 24th were given a dividend of $0.1463 per share. This is a boost from Invesco KBW High Dividend Yield Financial ETF’s previous dividend of $0.15. The ex-dividend date of this dividend was Monday, February 24th.

Invesco KBW High Dividend Yield Financial ETF Company Profile

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.