WFA of San Diego LLC Makes New Investment in Invesco KBW High Dividend Yield Financial ETF (NASDAQ:KBWD)

WFA of San Diego LLC acquired a new position in shares of Invesco KBW High Dividend Yield Financial ETF (NASDAQ:KBWD) in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 5,175 shares of the company’s stock, valued at approximately $81,000.

A number of other large investors also recently bought and sold shares of the company. Bank Julius Baer & Co. Ltd Zurich purchased a new position in Invesco KBW High Dividend Yield Financial ETF during the 2nd quarter worth $38,355,000. LPL Financial LLC increased its holdings in shares of Invesco KBW High Dividend Yield Financial ETF by 13.4% in the 2nd quarter. LPL Financial LLC now owns 503,293 shares of the company’s stock valued at $7,866,000 after purchasing an additional 59,295 shares in the last quarter. Wells Fargo & Company MN increased its holdings in shares of Invesco KBW High Dividend Yield Financial ETF by 0.7% in the 2nd quarter. Wells Fargo & Company MN now owns 488,865 shares of the company’s stock valued at $8,027,000 after purchasing an additional 3,192 shares in the last quarter. Bank of America Corp DE increased its holdings in shares of Invesco KBW High Dividend Yield Financial ETF by 13.1% in the 1st quarter. Bank of America Corp DE now owns 450,268 shares of the company’s stock valued at $8,794,000 after purchasing an additional 52,219 shares in the last quarter. Finally, Gradient Investments LLC increased its holdings in shares of Invesco KBW High Dividend Yield Financial ETF by 6.0% in the 2nd quarter. Gradient Investments LLC now owns 273,669 shares of the company’s stock valued at $4,277,000 after purchasing an additional 15,460 shares in the last quarter.

Invesco KBW High Dividend Yield Financial ETF Stock Up 0.5 %

Shares of KBWD opened at $14.66 on Tuesday. The company has a 50-day simple moving average of $14.60 and a 200-day simple moving average of $15.13. The company has a market capitalization of $348.32 million, a PE ratio of 10.40 and a beta of 1.40. Invesco KBW High Dividend Yield Financial ETF has a 52-week low of $13.04 and a 52-week high of $17.78.

Invesco KBW High Dividend Yield Financial ETF Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, November 24th. Stockholders of record on Tuesday, November 21st will be issued a $0.1467 dividend. This represents a $1.76 dividend on an annualized basis and a dividend yield of 12.01%. The ex-dividend date is Monday, November 20th. This is an increase from Invesco KBW High Dividend Yield Financial ETF’s previous monthly dividend of $0.14.

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.