US Bancorp DE Increases Stock Position in Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY)

US Bancorp DE lifted its holdings in shares of Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY) by 244.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,014 shares of the company’s stock after buying an additional 1,430 shares during the quarter. US Bancorp DE’s holdings in Invesco High Yield Equity Dividend Achievers ETF were worth $43,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. ST Germain D J Co. Inc. bought a new stake in Invesco High Yield Equity Dividend Achievers ETF during the 4th quarter worth approximately $32,000. Wagner Wealth Management LLC bought a new stake in Invesco High Yield Equity Dividend Achievers ETF during the 4th quarter worth approximately $39,000. Crews Bank & Trust bought a new stake in Invesco High Yield Equity Dividend Achievers ETF during the 4th quarter worth approximately $153,000. Novare Capital Management LLC increased its holdings in Invesco High Yield Equity Dividend Achievers ETF by 14.7% during the 4th quarter. Novare Capital Management LLC now owns 11,735 shares of the company’s stock worth $249,000 after acquiring an additional 1,500 shares during the period. Finally, Compass Financial Services Inc bought a new stake in Invesco High Yield Equity Dividend Achievers ETF during the 4th quarter worth approximately $264,000.

Invesco High Yield Equity Dividend Achievers ETF Trading Down 0.3 %

Invesco High Yield Equity Dividend Achievers ETF stock opened at $21.59 on Wednesday. The firm’s 50 day simple moving average is $21.66 and its 200 day simple moving average is $21.77. The firm has a market capitalization of $1.20 billion, a PE ratio of 15.66 and a beta of 0.84. Invesco High Yield Equity Dividend Achievers ETF has a 1-year low of $19.22 and a 1-year high of $23.22.

Invesco High Yield Equity Dividend Achievers ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, February 28th. Stockholders of record on Monday, February 24th were paid a $0.0701 dividend. The ex-dividend date was Monday, February 24th.

Invesco High Yield Equity Dividend Achievers ETF Company Profile

PowerShares High Yield Equity Dividend Achiever Portfolio (the Fund) is based on the Mergent Dividend Achiever 50 Index (the Index). The Fund focuses to invest at least 90% of its total assets in dividend paying common stocks, which comprise the Index. The Index is comprised of 50 stocks selected principally on the basis of dividend yield and consistent growth in dividends.