Strategies Wealth Advisors LLC Acquires 3,490 Shares of Invesco KBW High Dividend Yield Financial ETF (NASDAQ:KBWD)

Strategies Wealth Advisors LLC increased its holdings in shares of Invesco KBW High Dividend Yield Financial ETF (NASDAQ:KBWD) by 3.3% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 109,027 shares of the company’s stock after purchasing an additional 3,490 shares during the period. Strategies Wealth Advisors LLC owned approximately 0.46% of Invesco KBW High Dividend Yield Financial ETF worth $1,704,000 at the end of the most recent quarter.

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

Invesco KBW High Dividend Yield Financial ETF Trading Down 0.4 %

Shares of NASDAQ:KBWD traded down $0.07 during trading on Monday, hitting $15.99. 47,603 shares of the company were exchanged, compared to its average volume of 93,055. The stock has a market cap of $381.36 million, a price-to-earnings ratio of 10.40 and a beta of 1.40. Invesco KBW High Dividend Yield Financial ETF has a fifty-two week low of $13.53 and a fifty-two week high of $17.78. The firm has a fifty day moving average price of $16.00 and a two-hundred day moving average price of $15.11.

Invesco KBW High Dividend Yield Financial ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, August 25th. Shareholders of record on Tuesday, August 22nd were given a dividend of $0.1708 per share. This is a positive change from Invesco KBW High Dividend Yield Financial ETF’s previous monthly dividend of $0.17. The ex-dividend date of this dividend was Monday, August 21st. This represents a $2.05 annualized dividend and a dividend yield of 12.82%.

Invesco KBW High Dividend Yield Financial ETF 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.