Cwm LLC Raises Position in Invesco KBW High Dividend Yield Financial ETF (NASDAQ:KBWD)

Cwm LLC grew its holdings in shares of Invesco KBW High Dividend Yield Financial ETF (NASDAQ:KBWD) by 3.0% during the fourth quarter, HoldingsChannel reports. The firm owned 73,323 shares of the company’s stock after purchasing an additional 2,113 shares during the quarter. Cwm LLC’s holdings in Invesco KBW High Dividend Yield Financial ETF were worth $1,163,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Highlander Capital Management LLC lifted its stake in shares of Invesco KBW High Dividend Yield Financial ETF by 119.8% during the 4th quarter. Highlander Capital Management LLC now owns 4,220 shares of the company’s stock worth $67,000 after purchasing an additional 2,300 shares during the period. ORG Partners LLC purchased a new position in shares of Invesco KBW High Dividend Yield Financial ETF during the 3rd quarter worth $67,000. IFP Advisors Inc lifted its stake in shares of Invesco KBW High Dividend Yield Financial ETF by 47.6% during the 3rd quarter. IFP Advisors Inc now owns 8,104 shares of the company’s stock worth $123,000 after purchasing an additional 2,613 shares during the period. International Assets Investment Management LLC purchased a new position in shares of Invesco KBW High Dividend Yield Financial ETF during the 4th quarter worth $261,000. Finally, Advisor Resource Council purchased a new position in shares of Invesco KBW High Dividend Yield Financial ETF during the 4th quarter worth $318,000.

Invesco KBW High Dividend Yield Financial ETF Stock Up 1.2 %

KBWD stock opened at $15.37 on Friday. The company has a market cap of $377.49 million, a price-to-earnings ratio of 7.99 and a beta of 1.40. The business has a fifty day simple moving average of $15.06 and a 200-day simple moving average of $15.06. Invesco KBW High Dividend Yield Financial ETF has a 52 week low of $13.04 and a 52 week high of $16.84.

Invesco KBW High Dividend Yield Financial ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, April 26th. Stockholders of record on Tuesday, April 23rd were issued a dividend of $0.1499 per share. The ex-dividend date of this dividend was Monday, April 22nd. This represents a $1.80 dividend on an annualized basis and a dividend yield of 11.70%.

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.