Invesco KBW High Dividend Yield Financial ETF (NASDAQ:KBWD) Shares Sold by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC cut its position in Invesco KBW High Dividend Yield Financial ETF (NASDAQ:KBWD – Get Rating) by 15.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 29,541 shares of the company’s stock after selling 5,275 shares during the period. Janney Montgomery Scott LLC owned 0.13% of Invesco KBW High Dividend Yield Financial ETF worth $439,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in KBWD. Captrust Financial Advisors purchased a new position in Invesco KBW High Dividend Yield Financial ETF during the first quarter worth approximately $37,000. RFP Financial Group LLC purchased a new position in Invesco KBW High Dividend Yield Financial ETF during the fourth quarter worth approximately $39,000. WFA of San Diego LLC purchased a new position in Invesco KBW High Dividend Yield Financial ETF during the fourth quarter worth approximately $108,000. Eudaimonia Partners LLC purchased a new position in Invesco KBW High Dividend Yield Financial ETF during the first quarter worth approximately $216,000. Finally, Hennion & Walsh Asset Management Inc. purchased a new position in Invesco KBW High Dividend Yield Financial ETF during the third quarter worth approximately $166,000.

Invesco KBW High Dividend Yield Financial ETF Stock Performance

Shares of Invesco KBW High Dividend Yield Financial ETF stock opened at $14.07 on Friday. Invesco KBW High Dividend Yield Financial ETF has a one year low of $13.53 and a one year high of $18.55. The company has a market cap of $334.16 million, a price-to-earnings ratio of 10.40 and a beta of 1.40. The business’s 50 day moving average price is $14.59 and its 200 day moving average price is $15.48.

Invesco KBW High Dividend Yield Financial ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, April 28th. Investors of record on Tuesday, April 25th were given a dividend of $0.154 per share. This is an increase from Invesco KBW High Dividend Yield Financial ETF’s previous monthly dividend of $0.15. The ex-dividend date was Monday, April 24th. This represents a $1.85 dividend on an annualized basis and a yield of 13.13%.

Invesco KBW High Dividend Yield Financial ETF Company Profile

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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.