Janney Montgomery Scott LLC Buys 3,742 Shares of Invesco KBW High Dividend Yield Financial ETF (NASDAQ:KBWD)

Janney Montgomery Scott LLC boosted its holdings in Invesco KBW High Dividend Yield Financial ETF (NASDAQ:KBWD) by 12.5% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 33,649 shares of the company’s stock after acquiring an additional 3,742 shares during the quarter. Janney Montgomery Scott LLC owned 0.12% of Invesco KBW High Dividend Yield Financial ETF worth $494,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in KBWD. Mission Hills Financial Advisory LLC boosted its holdings in shares of Invesco KBW High Dividend Yield Financial ETF by 12.8% in the 4th quarter. Mission Hills Financial Advisory LLC now owns 456,337 shares of the company’s stock worth $6,694,000 after purchasing an additional 51,954 shares in the last quarter. CWM LLC raised its position in shares of Invesco KBW High Dividend Yield Financial ETF by 5.3% in the 3rd quarter. CWM LLC now owns 29,781 shares of the company’s stock worth $455,000 after acquiring an additional 1,507 shares in the last quarter. Good Life Advisors LLC bought a new position in Invesco KBW High Dividend Yield Financial ETF during the 3rd quarter valued at approximately $266,000. CreativeOne Wealth LLC bought a new position in Invesco KBW High Dividend Yield Financial ETF during the 3rd quarter valued at approximately $255,000. Finally, Farther Finance Advisors LLC boosted its stake in Invesco KBW High Dividend Yield Financial ETF by 46.5% during the 3rd quarter. Farther Finance Advisors LLC now owns 10,748 shares of the company’s stock valued at $164,000 after purchasing an additional 3,412 shares during the last quarter.

Invesco KBW High Dividend Yield Financial ETF Price Performance

KBWD stock opened at $15.27 on Monday. The company has a market cap of $430.61 million, a P/E ratio of 8.21 and a beta of 1.40. Invesco KBW High Dividend Yield Financial ETF has a 1 year low of $14.12 and a 1 year high of $16.38. The stock’s fifty day moving average price is $14.93 and its 200-day moving average price is $15.11.

Invesco KBW High Dividend Yield Financial ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, January 24th. Stockholders of record on Tuesday, January 21st were given a $0.1452 dividend. This is an increase from Invesco KBW High Dividend Yield Financial ETF’s previous dividend of $0.14. The ex-dividend date was Tuesday, January 21st.

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.