Brookstone Capital Management Sells 7,949 Shares of Invesco KBW High Dividend Yield Financial ETF (NASDAQ:KBWD)

Brookstone Capital Management decreased its stake in Invesco KBW High Dividend Yield Financial ETF (NASDAQ:KBWDGet Rating) by 3.2% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 240,247 shares of the company’s stock after selling 7,949 shares during the period. Brookstone Capital Management owned 0.98% of Invesco KBW High Dividend Yield Financial ETF worth $4,533,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. MML Investors Services LLC grew its holdings in Invesco KBW High Dividend Yield Financial ETF by 43.2% during the fourth quarter. MML Investors Services LLC now owns 304,326 shares of the company’s stock worth $6,172,000 after purchasing an additional 91,817 shares during the period. LPL Financial LLC grew its holdings in Invesco KBW High Dividend Yield Financial ETF by 16.3% during the fourth quarter. LPL Financial LLC now owns 643,424 shares of the company’s stock worth $13,049,000 after purchasing an additional 90,210 shares during the period. Endowment Wealth Management Inc. bought a new position in Invesco KBW High Dividend Yield Financial ETF during the fourth quarter worth about $574,000. Advisor Resource Council bought a new position in Invesco KBW High Dividend Yield Financial ETF during the fourth quarter worth about $405,000. Finally, Equitable Holdings Inc. grew its holdings in Invesco KBW High Dividend Yield Financial ETF by 45.0% during the fourth quarter. Equitable Holdings Inc. now owns 40,276 shares of the company’s stock worth $817,000 after purchasing an additional 12,503 shares during the period.

Shares of KBWD stock opened at $15.95 on Thursday. The firm has a 50 day moving average price of $17.76 and a two-hundred day moving average price of $19.04. Invesco KBW High Dividend Yield Financial ETF has a 12-month low of $15.34 and a 12-month high of $21.58.

The business also recently disclosed a monthly dividend, which will be paid on Thursday, June 30th. Shareholders of record on Wednesday, June 22nd will be given a dividend of $0.14 per share. The ex-dividend date of this dividend is Tuesday, June 21st. This is an increase from Invesco KBW High Dividend Yield Financial ETF’s previous monthly dividend of $0.14. This represents a $1.68 annualized dividend and a yield of 10.53%.

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Institutional Ownership by Quarter for Invesco KBW High Dividend Yield Financial ETF (NASDAQ:KBWD)

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