Laurel Wealth Advisors LLC Raises Stake in Invesco Golden Dragon China ETF $PGJ

Laurel Wealth Advisors LLC increased its position in Invesco Golden Dragon China ETF (NASDAQ:PGJ) by 2,738.0% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 2,838 shares of the company’s stock after acquiring an additional 2,738 shares during the period. Laurel Wealth Advisors LLC’s holdings in Invesco Golden Dragon China ETF were worth $81,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of PGJ. North Capital Inc. grew its stake in Invesco Golden Dragon China ETF by 144.6% in the 2nd quarter. North Capital Inc. now owns 998 shares of the company’s stock worth $28,000 after acquiring an additional 590 shares during the period. Sava Infond d.o.o. purchased a new position in shares of Invesco Golden Dragon China ETF during the 2nd quarter worth $43,000. Meitav Investment House Ltd. acquired a new stake in shares of Invesco Golden Dragon China ETF during the second quarter worth $291,000. MGB Wealth Management LLC grew its position in shares of Invesco Golden Dragon China ETF by 53.9% in the first quarter. MGB Wealth Management LLC now owns 12,170 shares of the company’s stock valued at $360,000 after purchasing an additional 4,260 shares during the period. Finally, Jane Street Group LLC grew its position in shares of Invesco Golden Dragon China ETF by 22.0% in the first quarter. Jane Street Group LLC now owns 16,318 shares of the company’s stock valued at $483,000 after purchasing an additional 2,947 shares during the period.

Invesco Golden Dragon China ETF Trading Up 0.5%

NASDAQ PGJ opened at $30.01 on Friday. The business’s 50-day moving average price is $31.68 and its 200 day moving average price is $30.29. Invesco Golden Dragon China ETF has a twelve month low of $23.68 and a twelve month high of $34.54. The company has a market capitalization of $147.65 million, a PE ratio of 14.18 and a beta of 0.41.

Invesco Golden Dragon China ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 26th. Stockholders of record on Monday, September 22nd were issued a dividend of $0.4835 per share. This represents a $1.93 annualized dividend and a dividend yield of 6.4%. The ex-dividend date was Monday, September 22nd. This is an increase from Invesco Golden Dragon China ETF’s previous quarterly dividend of $0.21.

About Invesco Golden Dragon China ETF

The Invesco Golden Dragon China ETF (PGJ) is an exchange-traded fund that is based on the NASDAQ Golden Dragon China index, a market-cap-weighted index of Chinese stocks. PGJ was launched on Dec 9, 2004 and is managed by Invesco.