Accel Wealth Management Reduces Stock Position in Invesco International Dividend Achievers ETF $PID

Accel Wealth Management reduced its stake in Invesco International Dividend Achievers ETF (NASDAQ:PID) by 32.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 49,185 shares of the company’s stock after selling 23,997 shares during the period. Accel Wealth Management owned approximately 0.12% of Invesco International Dividend Achievers ETF worth $1,082,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in PID. Stratos Wealth Partners LTD. grew its stake in Invesco International Dividend Achievers ETF by 14.3% in the 4th quarter. Stratos Wealth Partners LTD. now owns 58,542 shares of the company’s stock worth $1,288,000 after buying an additional 7,320 shares in the last quarter. Freedom Financial Partners LLC boosted its holdings in shares of Invesco International Dividend Achievers ETF by 1.0% in the 4th quarter. Freedom Financial Partners LLC now owns 54,414 shares of the company’s stock worth $1,197,000 after purchasing an additional 552 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of Invesco International Dividend Achievers ETF by 7.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 109,760 shares of the company’s stock valued at $2,334,000 after purchasing an additional 7,899 shares during the last quarter. Advisory Services Network LLC bought a new position in shares of Invesco International Dividend Achievers ETF during the 3rd quarter valued at about $58,000. Finally, Northwestern Mutual Wealth Management Co. raised its holdings in shares of Invesco International Dividend Achievers ETF by 5.4% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 268,068 shares of the company’s stock valued at $5,701,000 after buying an additional 13,802 shares in the last quarter. 46.28% of the stock is currently owned by hedge funds and other institutional investors.

Invesco International Dividend Achievers ETF Price Performance

Shares of PID opened at $22.44 on Friday. The firm has a market cap of $886.16 million, a P/E ratio of 15.28 and a beta of 0.81. The stock has a 50 day simple moving average of $22.87 and a two-hundred day simple moving average of $22.14. Invesco International Dividend Achievers ETF has a 1 year low of $17.31 and a 1 year high of $23.76.

Invesco International Dividend Achievers ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Monday, March 23rd were paid a $0.1976 dividend. This is a positive change from Invesco International Dividend Achievers ETF’s previous quarterly dividend of $0.12. The ex-dividend date of this dividend was Monday, March 23rd. This represents a $0.79 dividend on an annualized basis and a dividend yield of 3.5%.

Invesco International Dividend Achievers ETF Profile

The Invesco International Dividend Achievers ETF (PID) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a dividend-yield-weighted index of foreign securities with high dividend growth. PID was launched on Sep 15, 2005 and is managed by Invesco.