Atria Investments Inc Invests $268,000 in Invesco Dividend Achievers ETF (NASDAQ:PFM)

Atria Investments Inc purchased a new stake in Invesco Dividend Achievers ETF (NASDAQ:PFM) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 5,764 shares of the company’s stock, valued at approximately $268,000.

Other institutional investors have also recently modified their holdings of the company. Cullen Frost Bankers Inc. purchased a new position in Invesco Dividend Achievers ETF in the second quarter valued at about $34,000. American Capital Advisory LLC purchased a new position in Invesco Dividend Achievers ETF in the 3rd quarter valued at approximately $63,000. Ashton Thomas Private Wealth LLC acquired a new position in Invesco Dividend Achievers ETF during the second quarter worth $61,000. Paladin Wealth LLC purchased a new stake in Invesco Dividend Achievers ETF during the third quarter worth $70,000. Finally, EWG Elevate Inc. acquired a new stake in Invesco Dividend Achievers ETF in the third quarter valued at $219,000.

Invesco Dividend Achievers ETF Stock Up 0.8 %

NASDAQ:PFM opened at $47.68 on Friday. Invesco Dividend Achievers ETF has a 52-week low of $38.19 and a 52-week high of $47.80. The stock has a fifty day simple moving average of $46.58 and a 200-day simple moving average of $44.59. The company has a market capitalization of $728.59 million, a PE ratio of 22.62 and a beta of 0.83.

Invesco Dividend Achievers ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Monday, September 23rd were given a dividend of $0.173 per share. This represents a $0.69 dividend on an annualized basis and a yield of 1.45%. The ex-dividend date of this dividend was Monday, September 23rd.

Invesco Dividend Achievers ETF 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.