LPL Financial LLC Sells 153,651 Shares of Invesco International Dividend Achievers ETF (NASDAQ:PID)

LPL Financial LLC trimmed its holdings in Invesco International Dividend Achievers ETF (NASDAQ:PID) by 7.0% in the second quarter, according to the company in its most recent filing with the SEC. The fund owned 2,040,233 shares of the company’s stock after selling 153,651 shares during the quarter. LPL Financial LLC owned 4.44% of Invesco International Dividend Achievers ETF worth $36,561,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the business. Cahill Financial Advisors Inc. lifted its holdings in shares of Invesco International Dividend Achievers ETF by 3.2% in the 2nd quarter. Cahill Financial Advisors Inc. now owns 233,383 shares of the company’s stock worth $4,182,000 after acquiring an additional 7,221 shares during the last quarter. Private Advisor Group LLC raised its holdings in Invesco International Dividend Achievers ETF by 4.2% during the 2nd quarter. Private Advisor Group LLC now owns 65,344 shares of the company’s stock valued at $1,171,000 after buying an additional 2,608 shares during the last quarter. Drive Wealth Management LLC raised its holdings in Invesco International Dividend Achievers ETF by 8.4% during the 2nd quarter. Drive Wealth Management LLC now owns 28,893 shares of the company’s stock valued at $518,000 after buying an additional 2,242 shares during the last quarter. Obermeyer Wood Investment Counsel Lllp bought a new stake in Invesco International Dividend Achievers ETF during the 2nd quarter valued at $249,000. Finally, Commonwealth Equity Services LLC raised its holdings in Invesco International Dividend Achievers ETF by 0.6% during the 2nd quarter. Commonwealth Equity Services LLC now owns 191,134 shares of the company’s stock valued at $3,425,000 after buying an additional 1,076 shares during the last quarter. 46.28% of the stock is currently owned by institutional investors.

Invesco International Dividend Achievers ETF Stock Up 0.3 %

NASDAQ:PID opened at $19.74 on Monday. The company has a fifty day moving average of $19.01 and a 200 day moving average of $18.51. Invesco International Dividend Achievers ETF has a 52 week low of $15.82 and a 52 week high of $19.84. The firm has a market capitalization of $907.45 million, a P/E ratio of 19.28 and a beta of 0.94.

Invesco International Dividend Achievers ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Monday, June 24th were issued a $0.229 dividend. The ex-dividend date was Monday, June 24th. This is a positive change from Invesco International Dividend Achievers ETF’s previous quarterly dividend of $0.18. This represents a $0.92 annualized dividend and a yield of 4.64%.

About Invesco International Dividend Achievers ETF

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.