Comerica Bank Raises Holdings in Invesco KBW High Dividend Yield Financial ETF (NASDAQ:KBWD)

Comerica Bank boosted its holdings in shares of Invesco KBW High Dividend Yield Financial ETF (NASDAQ:KBWD) by 31.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,835 shares of the company’s stock after buying an additional 2,122 shares during the period. Comerica Bank’s holdings in Invesco KBW High Dividend Yield Financial ETF were worth $130,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently added to or reduced their stakes in the company. Wells Fargo & Company MN boosted its position in Invesco KBW High Dividend Yield Financial ETF by 197.8% during the fourth quarter. Wells Fargo & Company MN now owns 1,012,486 shares of the company’s stock worth $14,853,000 after purchasing an additional 672,447 shares in the last quarter. Mission Hills Financial Advisory LLC boosted its holdings in Invesco KBW High Dividend Yield Financial ETF by 12.8% in the fourth quarter. Mission Hills Financial Advisory LLC now owns 456,337 shares of the company’s stock valued at $6,694,000 after purchasing an additional 51,954 shares during the period. Raymond James Financial Inc. purchased a new position in Invesco KBW High Dividend Yield Financial ETF in the fourth quarter valued at $701,000. Gradient Investments LLC lifted its holdings in Invesco KBW High Dividend Yield Financial ETF by 6.3% during the 4th quarter. Gradient Investments LLC now owns 452,177 shares of the company’s stock worth $6,633,000 after buying an additional 26,636 shares during the last quarter. Finally, Tower Research Capital LLC TRC lifted its holdings in shares of Invesco KBW High Dividend Yield Financial ETF by 383.4% in the 4th quarter. Tower Research Capital LLC TRC now owns 28,538 shares of the company’s stock valued at $419,000 after purchasing an additional 22,635 shares during the last quarter.

Invesco KBW High Dividend Yield Financial ETF Stock Up 0.6%

Shares of KBWD stock opened at $14.11 on Monday. The stock has a market capitalization of $406.09 million, a PE ratio of 10.01 and a beta of 1.40. Invesco KBW High Dividend Yield Financial ETF has a 52-week low of $11.96 and a 52-week high of $16.38. The stock’s 50-day moving average price is $13.74 and its 200 day moving average price is $14.62.

Invesco KBW High Dividend Yield Financial ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, April 25th. Investors of record on Monday, April 21st were paid a $0.1401 dividend. The ex-dividend date of this dividend was Monday, April 21st.

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.