Brookstone Capital Management Reduces Stock Holdings in Invesco KBW High Dividend Yield Financial ETF (NASDAQ:KBWD)

Brookstone Capital Management cut its position in Invesco KBW High Dividend Yield Financial ETF (NASDAQ:KBWD) by 9.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 46,706 shares of the company’s stock after selling 5,109 shares during the quarter. Brookstone Capital Management owned approximately 0.17% of Invesco KBW High Dividend Yield Financial ETF worth $685,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the business. Mattson Financial Services LLC acquired a new stake in Invesco KBW High Dividend Yield Financial ETF during the 2nd quarter worth $45,000. Farther Finance Advisors LLC raised its position in Invesco KBW High Dividend Yield Financial ETF by 46.5% in the third quarter. Farther Finance Advisors LLC now owns 10,748 shares of the company’s stock worth $164,000 after acquiring an additional 3,412 shares in the last quarter. CreativeOne Wealth LLC purchased a new position in Invesco KBW High Dividend Yield Financial ETF in the third quarter worth $255,000. Good Life Advisors LLC acquired a new stake in Invesco KBW High Dividend Yield Financial ETF in the third quarter valued at $266,000. Finally, CWM LLC boosted its position in shares of Invesco KBW High Dividend Yield Financial ETF by 5.3% during the 3rd quarter. CWM LLC now owns 29,781 shares of the company’s stock worth $455,000 after purchasing an additional 1,507 shares in the last quarter.

Invesco KBW High Dividend Yield Financial ETF Stock Up 0.4 %

NASDAQ:KBWD opened at $14.94 on Friday. The stock has a market cap of $416.08 million, a PE ratio of 8.21 and a beta of 1.40. Invesco KBW High Dividend Yield Financial ETF has a fifty-two week low of $14.12 and a fifty-two week high of $16.38. The firm’s fifty day simple moving average is $15.00 and its 200-day simple moving average is $15.16.

Invesco KBW High Dividend Yield Financial ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were given a dividend of $0.1447 per share. The ex-dividend date was Monday, December 23rd.

Invesco KBW High Dividend Yield Financial ETF Company 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.