Invesco KBW High Dividend Yield Financial ETF (NASDAQ:KBWD) Shares Acquired by Farther Finance Advisors LLC

Farther Finance Advisors LLC lifted its holdings in shares of Invesco KBW High Dividend Yield Financial ETF (NASDAQ:KBWD) by 12.5% during the 4th quarter, Holdings Channel.com reports. The fund owned 12,095 shares of the company’s stock after buying an additional 1,347 shares during the period. Farther Finance Advisors LLC’s holdings in Invesco KBW High Dividend Yield Financial ETF were worth $177,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Founders Financial Alliance LLC raised its position in shares of Invesco KBW High Dividend Yield Financial ETF by 10.1% during the 4th quarter. Founders Financial Alliance LLC now owns 7,490 shares of the company’s stock worth $110,000 after acquiring an additional 687 shares in the last quarter. Atria Wealth Solutions Inc. grew its stake in Invesco KBW High Dividend Yield Financial ETF by 3.7% during 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 last quarter. IFP Advisors Inc grew its stake in Invesco KBW High Dividend Yield Financial ETF by 23.5% during the 4th quarter. IFP Advisors Inc now owns 10,750 shares of the company’s stock worth $158,000 after buying an additional 2,048 shares during the last quarter. Endowment Wealth Management Inc. grew its stake in Invesco KBW High Dividend Yield Financial ETF by 11.8% during the 4th quarter. Endowment Wealth Management Inc. now owns 33,801 shares of the company’s stock worth $496,000 after buying an additional 3,563 shares during the last quarter. Finally, Janney Montgomery Scott LLC grew its stake in Invesco KBW High Dividend Yield Financial ETF by 12.5% during the 4th quarter. Janney Montgomery Scott LLC now owns 33,649 shares of the company’s stock worth $494,000 after buying an additional 3,742 shares during the last quarter.

Invesco KBW High Dividend Yield Financial ETF Stock Up 0.1 %

NASDAQ:KBWD opened at $15.01 on Thursday. The stock’s 50 day moving average price is $15.09 and its 200 day moving average price is $15.09. The company has a market capitalization of $423.28 million, a PE ratio of 9.47 and a beta of 1.40. Invesco KBW High Dividend Yield Financial ETF has a 52-week low of $14.12 and a 52-week high of $16.38.

Invesco KBW High Dividend Yield Financial ETF Increases Dividend

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

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.