Invesco Dividend Achievers ETF (NASDAQ:PFM) Shares Bought by Bank of Montreal Can

Bank of Montreal Can lifted its stake in shares of Invesco Dividend Achievers ETF (NASDAQ:PFM) by 3.3% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 18,872 shares of the company’s stock after purchasing an additional 606 shares during the quarter. Bank of Montreal Can owned about 0.12% of Invesco Dividend Achievers ETF worth $865,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Stifel Financial Corp grew its holdings in Invesco Dividend Achievers ETF by 86.4% during the 3rd quarter. Stifel Financial Corp now owns 20,255 shares of the company’s stock valued at $943,000 after buying an additional 9,387 shares during the last quarter. JPMorgan Chase & Co. raised its stake in Invesco Dividend Achievers ETF by 12.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 36,798 shares of the company’s stock valued at $1,713,000 after purchasing an additional 4,036 shares during the last quarter. ST Germain D J Co. Inc. purchased a new position in Invesco Dividend Achievers ETF in the 4th quarter valued at about $55,000. Miracle Mile Advisors LLC purchased a new stake in shares of Invesco Dividend Achievers ETF during the fourth quarter worth about $1,090,000. Finally, Janney Montgomery Scott LLC raised its position in shares of Invesco Dividend Achievers ETF by 11.1% in the fourth quarter. Janney Montgomery Scott LLC now owns 8,127 shares of the company’s stock valued at $373,000 after buying an additional 815 shares during the last quarter.

Invesco Dividend Achievers ETF Trading Up 0.6 %

NASDAQ PFM opened at $43.48 on Friday. The business’s 50-day moving average price is $45.62 and its 200 day moving average price is $46.44. Invesco Dividend Achievers ETF has a twelve month low of $40.01 and a twelve month high of $48.28. The company has a market capitalization of $653.07 million, a PE ratio of 22.90 and a beta of 0.83.

Invesco Dividend Achievers ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 24th were paid a dividend of $0.1793 per share. The ex-dividend date of this dividend was Monday, March 24th.

Invesco Dividend Achievers ETF Company Profile

PowerShares Dividend Achievers Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Broad Dividend Achievers Index (the Index). The Index is designed to identify a diversified group of dividend paying companies. These companies have increased their annual dividend for 10 or more consecutive fiscal years.