Janney Montgomery Scott LLC Buys 893 Shares of Invesco KBW High Dividend Yield Financial ETF (NASDAQ:KBWD)

Janney Montgomery Scott LLC grew its holdings in shares of Invesco KBW High Dividend Yield Financial ETF (NASDAQ:KBWD – Get Rating) by 2.6% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 34,816 shares of the company’s stock after buying an additional 893 shares during the period. Janney Montgomery Scott LLC’s holdings in Invesco KBW High Dividend Yield Financial ETF were worth $483,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of KBWD. Raymond James & Associates boosted its holdings in shares of Invesco KBW High Dividend Yield Financial ETF by 7.0% during the 1st quarter. Raymond James & Associates now owns 138,840 shares of the company’s stock valued at $2,712,000 after buying an additional 9,134 shares in the last quarter. Equitable Holdings Inc. boosted its holdings in shares of Invesco KBW High Dividend Yield Financial ETF by 5.3% during the 1st quarter. Equitable Holdings Inc. now owns 42,426 shares of the company’s stock valued at $829,000 after buying an additional 2,150 shares in the last quarter. UBS Group AG boosted its holdings in shares of Invesco KBW High Dividend Yield Financial ETF by 5.1% during the 1st quarter. UBS Group AG now owns 221,685 shares of the company’s stock valued at $4,330,000 after buying an additional 10,846 shares in the last quarter. Atria Wealth Solutions Inc. bought a new stake in shares of Invesco KBW High Dividend Yield Financial ETF during the 1st quarter valued at $773,000. Finally, Captrust Financial Advisors bought a new stake in shares of Invesco KBW High Dividend Yield Financial ETF during the 1st quarter valued at $37,000.

Invesco KBW High Dividend Yield Financial ETF Stock Performance

Shares of KBWD stock opened at $16.73 on Monday. Invesco KBW High Dividend Yield Financial ETF has a 12 month low of $13.57 and a 12 month high of $20.20. The company’s fifty day moving average price is $15.83 and its 200-day moving average price is $16.16.

Invesco KBW High Dividend Yield Financial ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, December 23rd. Stockholders of record on Tuesday, December 20th were given a $0.142 dividend. This represents a $1.70 annualized dividend and a dividend yield of 10.19%. The ex-dividend date of this dividend was Monday, December 19th. This is a positive change from Invesco KBW High Dividend Yield Financial ETF’s previous monthly dividend of $0.14.