Kestra Private Wealth Services LLC Sells 25,486 Shares of Invesco KBW High Dividend Yield Financial ETF (NASDAQ:KBWD)

Kestra Private Wealth Services LLC lessened its holdings in shares of Invesco KBW High Dividend Yield Financial ETF (NASDAQ:KBWD) by 65.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,240 shares of the company’s stock after selling 25,486 shares during the period. Kestra Private Wealth Services LLC’s holdings in Invesco KBW High Dividend Yield Financial ETF were worth $210,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Highlander Capital Management LLC lifted its stake in Invesco KBW High Dividend Yield Financial ETF by 119.8% in the fourth quarter. Highlander Capital Management LLC now owns 4,220 shares of the company’s stock valued at $67,000 after buying an additional 2,300 shares in the last quarter. ORG Partners LLC bought a new stake in Invesco KBW High Dividend Yield Financial ETF in the 3rd quarter valued at $67,000. International Assets Investment Management LLC acquired a new position in Invesco KBW High Dividend Yield Financial ETF in the 4th quarter worth $261,000. Advisor Resource Council bought a new position in Invesco KBW High Dividend Yield Financial ETF during the 4th quarter worth about $318,000. Finally, Koshinski Asset Management Inc. raised its stake in shares of Invesco KBW High Dividend Yield Financial ETF by 27.8% in the 4th quarter. Koshinski Asset Management Inc. now owns 34,932 shares of the company’s stock valued at $554,000 after purchasing an additional 7,588 shares during the period.

Invesco KBW High Dividend Yield Financial ETF Price Performance

KBWD stock opened at $15.58 on Friday. The stock has a market capitalization of $382.64 million, a P/E ratio of 8.21 and a beta of 1.40. Invesco KBW High Dividend Yield Financial ETF has a fifty-two week low of $13.04 and a fifty-two week high of $16.84. The business has a 50-day moving average of $15.15 and a 200-day moving average of $15.11.

Invesco KBW High Dividend Yield Financial ETF Announces Dividend

The company also recently declared a monthly dividend, which was paid on Friday, April 26th. Shareholders of record on Tuesday, April 23rd were given a dividend of $0.1499 per share. This represents a $1.80 dividend on an annualized basis and a yield of 11.54%. The ex-dividend date of this dividend 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.