Allworth Financial LP Has $123,000 Stock Position in Invesco Dividend Achievers ETF (NASDAQ:PFM)

Allworth Financial LP decreased its position in Invesco Dividend Achievers ETF (NASDAQ:PFM) by 39.0% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,601 shares of the company’s stock after selling 1,665 shares during the period. Allworth Financial LP’s holdings in Invesco Dividend Achievers ETF were worth $123,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in PFM. Citizens Financial Group Inc. RI grew its stake in shares of Invesco Dividend Achievers ETF by 0.6% in the 3rd quarter. Citizens Financial Group Inc. RI now owns 118,692 shares of the company’s stock valued at $5,525,000 after purchasing an additional 753 shares during the period. Janney Montgomery Scott LLC grew its stake in shares of Invesco Dividend Achievers ETF by 11.1% in the 4th quarter. Janney Montgomery Scott LLC now owns 8,127 shares of the company’s stock valued at $373,000 after purchasing an additional 815 shares during the period. MML Investors Services LLC grew its stake in shares of Invesco Dividend Achievers ETF by 1.8% in the 3rd quarter. MML Investors Services LLC now owns 58,741 shares of the company’s stock valued at $2,734,000 after purchasing an additional 1,054 shares during the period. ST Germain D J Co. Inc. bought a new stake in shares of Invesco Dividend Achievers ETF in the 4th quarter valued at approximately $55,000. Finally, American Capital Advisory LLC bought a new stake in shares of Invesco Dividend Achievers ETF in the 3rd quarter valued at approximately $63,000.

Invesco Dividend Achievers ETF Trading Down 0.9 %

PFM stock opened at $47.48 on Monday. The firm has a market cap of $725.97 million, a P/E ratio of 24.76 and a beta of 0.83. Invesco Dividend Achievers ETF has a 1-year low of $40.43 and a 1-year high of $48.28. The business’s 50 day moving average is $46.86 and its 200-day moving average is $46.49.

Invesco Dividend Achievers ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were given a dividend of $0.1813 per share. The ex-dividend date was Monday, December 23rd.

About Invesco Dividend Achievers ETF

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.