Atria Wealth Solutions Inc. Decreases Stock Holdings in Invesco KBW High Dividend Yield Financial ETF (NASDAQ:KBWD)

Atria Wealth Solutions Inc. trimmed its position in shares of Invesco KBW High Dividend Yield Financial ETF (NASDAQ:KBWD) by 30.4% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 41,844 shares of the company’s stock after selling 18,304 shares during the quarter. Atria Wealth Solutions Inc.’s holdings in Invesco KBW High Dividend Yield Financial ETF were worth $664,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of KBWD. Advisor Resource Council purchased a new stake in shares of Invesco KBW High Dividend Yield Financial ETF during the fourth quarter valued at about $318,000. Gradient Investments LLC lifted its position in shares of Invesco KBW High Dividend Yield Financial ETF by 7.3% during the fourth quarter. Gradient Investments LLC now owns 288,227 shares of the company’s stock valued at $4,571,000 after buying an additional 19,542 shares during the last quarter. International Assets Investment Management LLC purchased a new stake in shares of Invesco KBW High Dividend Yield Financial ETF during the fourth quarter valued at about $261,000. Koshinski Asset Management Inc. lifted its position in shares of Invesco KBW High Dividend Yield Financial ETF by 27.8% during the fourth quarter. Koshinski Asset Management Inc. now owns 34,932 shares of the company’s stock valued at $554,000 after buying an additional 7,588 shares during the last quarter. Finally, Commonwealth Equity Services LLC lifted its position in shares of Invesco KBW High Dividend Yield Financial ETF by 11.5% during the third quarter. Commonwealth Equity Services LLC now owns 52,143 shares of the company’s stock valued at $792,000 after buying an additional 5,383 shares during the last quarter.

Invesco KBW High Dividend Yield Financial ETF Stock Performance

KBWD stock opened at $15.34 on Friday. The firm has a market cap of $376.75 million, a price-to-earnings ratio of 7.99 and a beta of 1.40. The firm has a 50-day simple moving average of $15.10 and a two-hundred day simple moving average of $15.08. Invesco KBW High Dividend Yield Financial ETF has a one year low of $13.04 and a one year high of $16.84.

Invesco KBW High Dividend Yield Financial ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Friday, April 26th. Investors of record on Tuesday, April 23rd were given a $0.1499 dividend. This represents a $1.80 annualized dividend and a dividend yield of 11.72%. The ex-dividend date was Monday, April 22nd.

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.