Envestnet Asset Management Inc. Increases Stock Holdings in Invesco International Dividend Achievers ETF (NASDAQ:PID)

Envestnet Asset Management Inc. grew its position in Invesco International Dividend Achievers ETF (NASDAQ:PID – Get Rating) by 25.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 328,662 shares of the company’s stock after buying an additional 67,551 shares during the quarter. Envestnet Asset Management Inc. owned 0.59% of Invesco International Dividend Achievers ETF worth $5,495,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in the company. Cullen Frost Bankers Inc. acquired a new stake in shares of Invesco International Dividend Achievers ETF during the third quarter valued at $30,000. Geneos Wealth Management Inc. boosted its stake in shares of Invesco International Dividend Achievers ETF by 223.1% during the fourth quarter. Geneos Wealth Management Inc. now owns 3,473 shares of the company’s stock valued at $58,000 after acquiring an additional 2,398 shares during the last quarter. Bank of Montreal Can acquired a new stake in shares of Invesco International Dividend Achievers ETF during the second quarter valued at $79,000. National Bank of Canada FI boosted its stake in shares of Invesco International Dividend Achievers ETF by 47.4% during the fourth quarter. National Bank of Canada FI now owns 5,445 shares of the company’s stock valued at $91,000 after acquiring an additional 1,750 shares during the last quarter. Finally, Drive Wealth Management LLC acquired a new stake in shares of Invesco International Dividend Achievers ETF during the fourth quarter valued at $182,000. Hedge funds and other institutional investors own 38.12% of the company’s stock.

Invesco International Dividend Achievers ETF Trading Down 0.2 %

Shares of NASDAQ:PID opened at $18.13 on Friday. The stock’s 50-day moving average price is $18.17 and its two-hundred day moving average price is $17.76. Invesco International Dividend Achievers ETF has a 12-month low of $14.65 and a 12-month high of $19.14. The firm has a market cap of $1.08 billion, a price-to-earnings ratio of 14.42 and a beta of 0.94.

Invesco International Dividend Achievers ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 24th. Shareholders of record on Tuesday, March 21st were paid a $0.177 dividend. This represents a $0.71 dividend on an annualized basis and a yield of 3.91%. This is a positive change from Invesco International Dividend Achievers ETF’s previous quarterly dividend of $0.08. The ex-dividend date was Monday, March 20th.

Invesco International Dividend Achievers ETF Profile

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The Invesco International Dividend Achievers ETF (PID) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a dividend-yield-weighted index of foreign securities with high dividend growth. PID was launched on Sep 15, 2005 and is managed by Invesco.