Bank of Montreal Can Acquires Shares of 70,898 Invesco International Dividend Achievers ETF (NASDAQ:PID)

Bank of Montreal Can acquired a new position in shares of Invesco International Dividend Achievers ETF (NASDAQ:PID) in the 2nd quarter, according to its most recent disclosure with the SEC. The fund acquired 70,898 shares of the company’s stock, valued at approximately $1,274,000. Bank of Montreal Can owned about 0.15% of Invesco International Dividend Achievers ETF at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of PID. Magnolia Capital Advisors LLC acquired a new position in shares of Invesco International Dividend Achievers ETF during the 1st quarter worth about $339,000. Cambridge Investment Research Advisors Inc. boosted its holdings in Invesco International Dividend Achievers ETF by 0.8% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 180,609 shares of the company’s stock valued at $3,237,000 after purchasing an additional 1,383 shares in the last quarter. International Assets Investment Management LLC purchased a new position in Invesco International Dividend Achievers ETF in the second quarter valued at approximately $38,000. Cahill Financial Advisors Inc. raised its holdings in Invesco International Dividend Achievers ETF by 3.2% during the second quarter. Cahill Financial Advisors Inc. now owns 233,383 shares of the company’s stock worth $4,182,000 after purchasing an additional 7,221 shares in the last quarter. Finally, Commonwealth Equity Services LLC lifted its position in shares of 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 worth $3,425,000 after buying an additional 1,076 shares during the last quarter. Institutional investors and hedge funds own 46.28% of the company’s stock.

Invesco International Dividend Achievers ETF Trading Up 0.8 %

Shares of Invesco International Dividend Achievers ETF stock opened at $19.69 on Friday. The company has a fifty day simple moving average of $19.36 and a 200-day simple moving average of $18.65. Invesco International Dividend Achievers ETF has a 12-month low of $15.82 and a 12-month high of $19.95. The stock has a market cap of $879.95 million, a price-to-earnings ratio of 19.28 and a beta of 0.94.

Invesco International Dividend Achievers ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Monday, September 23rd were issued a dividend of $0.213 per share. This represents a $0.85 annualized dividend and a dividend yield of 4.33%. The ex-dividend date was Monday, September 23rd.

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.